MAF LIO/Hirschmann [2004] IECompA m04008 (5 February 2004)

MAF LIO/Hirschmann [2004] IECompA m04008 (5 February 2004)

The Competition Authority found that the proposed acquisition would not substantially lessen competition in the relevant markets and approved the transaction.

Parties
Acquirer: MAF LIO Vermogensverwaltungsgesellschaft mbH & Co. KG; Parent Company of Acquirer: HgCapital LLP; Target: Hirschmann Electronics GmbH & Co KG; Parent Company of Target: Rheinmetall AG
Jurisdiction
Ireland
Judgment Date
05 February 2004
Procedural Posture
Merger Notification / Preliminary Investigation (phase 1)
Outcome
approved
Legal Topics
Merger Notification, Acquisition, Media Sector, Electronics Sector
Competition Law Merger Control Merger Notification Acquisition Media Sector Electronics Sector

Case Brief

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Parties

MAF LIO Vermogensverwaltungsgesellschaft mbH & Co. KG

Acquirer

HgCapital LLP

Parent Company of Acquirer

Hirschmann Electronics GmbH & Co KG

Target

Rheinmetall AG

Parent Company of Target

Procedural Posture

Merger Notification / Preliminary Investigation (phase 1)

Legal Issues

  1. 1 Whether the proposed acquisition would substantially lessen competition in the relevant markets

Ratio Decidendi

The Competition Authority found that the proposed acquisition would not substantially lessen competition in the relevant markets and approved the transaction.

Court Disposition

approved

Orders

  • The proposed acquisition by MAF LIO of Hirschmann is cleared and may proceed.