M/18/037 - SCIF Hotels/Connemara Coast Hotel [2018] IECompA m18037 (12 June 2018)

M/18/037 - SCIF Hotels/Connemara Coast Hotel [2018] IECompA m18037 (12 June 2018)

The Commission determined that the proposed acquisition would not substantially lessen competition in any market for goods or services in the State and therefore cleared the transaction under Phase 1 review.

Parties
Acquirer: Strategic Capital Investment Fund ICAV, through SCIF Hotels Limited Partnership acting by its general partner, SCIF Hotels General Partner (collectively SCIF Hotels); Target: Connemara Coast Hotel
Jurisdiction
Ireland
Judgment Date
12 June 2018
Procedural Posture
Merger Control / Phase 1 Clearance
Outcome
Cleared
Legal Topics
Merger Notification, Acquisition of Control, Hotel Sector
Competition Law Merger Notification Acquisition of Control Hotel Sector

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Parties

Strategic Capital Investment Fund ICAV, through SCIF Hotels Limited Partnership acting by its general partner, SCIF Hotels General Partner (collectively SCIF Hotels)

Acquirer

Connemara Coast Hotel

Target

Procedural Posture

Merger Control / Phase 1 Clearance

Legal Issues

  1. 1 Whether the proposed acquisition by SCIF Hotels of sole control of Connemara Coast Hotel would substantially lessen competition in any market for goods or services in the State.

Ratio Decidendi

The Commission determined that the proposed acquisition would not substantially lessen competition in any market for goods or services in the State and therefore cleared the transaction under Phase 1 review.

Court Disposition

Cleared

Orders

  • The proposed acquisition by SCIF Hotels of sole control of Connemara Coast Hotel is cleared.