Mubadala/SR Technics [2009] IECompA m09006 (11 March 2009)

Mubadala/SR Technics [2009] IECompA m09006 (11 March 2009)

The proposed acquisition does not raise competition concerns and is therefore cleared under Phase 1 review.

Parties
Acquirer: Mubadala Development Company PJSC; Target: SR Technics Switzerland AG
Jurisdiction
Ireland
Judgment Date
11 March 2009
Procedural Posture
Merger Notification / Phase 1 Clearance
Outcome
Cleared (Phase 1)
Legal Topics
Merger Notification, Sole Control Acquisition, Aircraft Maintenance Sector

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Parties

Mubadala Development Company PJSC

Acquirer

SR Technics Switzerland AG

Target

Procedural Posture

Merger Notification / Phase 1 Clearance

  1. 1 Whether the proposed acquisition of sole control of SR Technics Switzerland AG by Mubadala Development Company PJSC raises competition concerns in Ireland

Ratio Decidendi

The proposed acquisition does not raise competition concerns and is therefore cleared under Phase 1 review.

Court Disposition

Cleared (Phase 1)

Orders

  • The proposed acquisition is approved and may proceed.