Novasep/ PharmaChem [2007] IECompA m07054 (19 September 2007)

The proposed acquisition does not raise competition concerns and is cleared under Phase 1 as it does not substantially lessen competition in any relevant market.

Parties: Acquirer: Novasep Holding SAS; Target: PharmaChem Technologies (Grand Bahama) Ltd.
Jurisdiction: Ireland
Judgment Date: 19 September 2007
Procedural Posture: Merger Notification / Phase 1 Clearance
Outcome: Cleared (Phase 1)
Legal Topics: Merger Notification, Pharmaceutical Industry, Market Concentration

Competition Law Merger Control Merger Notification Pharmaceutical Industry Market Concentration

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Parties

Novasep Holding SAS

Acquirer

PharmaChem Technologies (Grand Bahama) Ltd.

Target

Procedural Posture

Merger Notification / Phase 1 Clearance

Legal Issues

1 Whether the proposed acquisition would substantially lessen competition in any market for goods or services in the State.

Ratio Decidendi

The proposed acquisition does not raise competition concerns and is cleared under Phase 1 as it does not substantially lessen competition in any relevant market.

Court Disposition

Cleared (Phase 1)

Orders

The proposed acquisition by Novasep Holding SAS of PharmaChem Technologies (Grand Bahama) Ltd. is approved.