M/17/026-Novacap/PCAS [2017] IECompA m17026 (15 June 2017)

M/17/026-Novacap/PCAS [2017] IECompA m17026 (15 June 2017)

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

Parties
Acquirer: Novacap SAS; Target: PCAS SA
Jurisdiction
Ireland
Judgment Date
15 June 2017
Procedural Posture
Merger Control / Phase 1 Clearance
Outcome
cleared
Legal Topics
Merger Notification, Market Concentration, Pharmaceutical Chemicals
Competition Law Merger Notification Market Concentration Pharmaceutical Chemicals

Case Brief

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Parties

Novacap SAS

Acquirer

PCAS SA

Target

Procedural Posture

Merger Control / Phase 1 Clearance

Legal Issues

  1. 1 Whether the proposed acquisition of PCAS SA by Novacap SAS 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 therefore cleared under Phase 1 review.

Court Disposition

cleared

Orders

  • The proposed acquisition by Novacap SAS of PCAS SA is cleared under Phase 1.