M/20/023 - United Molasses/Premier Molasses and Kruden [2020] IECompA m20023 (25 November 2020)
The proposed acquisition does not raise competition concerns and is compatible with the proper functioning of competition in the relevant markets.
- Parties
- Acquirer: United Molasses Group Limited; Target: Premier Molasses Company Limited; Target: Kruden Limited
- Jurisdiction
- Ireland
- Judgment Date
- 25 November 2020
- Procedural Posture
- Merger Control / Phase 1 Clearance
- Outcome
- cleared
- Legal Topics
- Merger Control, Acquisition of Sole Control
Case Brief
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Parties
United Molasses Group Limited
Acquirer
Premier Molasses Company Limited
Target
Kruden Limited
Target
Procedural Posture
Merger Control / Phase 1 Clearance
Legal Issues
- 1 Whether the proposed acquisition of sole control of Premier Molasses Company Limited and Kruden Limited by United Molasses Group Limited is compatible with competition law.
Ratio Decidendi
The proposed acquisition does not raise competition concerns and is compatible with the proper functioning of competition in the relevant markets.
Court Disposition
cleared
Orders
- The proposed acquisition of sole control of Premier Molasses Company Limited and Kruden Limited by United Molasses Group Limited is cleared.
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