M/20/023 - United Molasses/Premier Molasses and Kruden [2020] IECompA m20023 (25 November 2020)

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

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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

  1. 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.