M/19/006 - Wicklow Hotel/Powerscourt Hotel [2019] IECompA m19006 (3 May 2019)

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

Parties: Acquirer: Wicklow Hotel Partnership; Target: Powerscourt Hotel Resort and Spa
Jurisdiction: Ireland
Judgment Date: 03 May 2019
Procedural Posture: Merger Control / Phase 1 Clearance
Outcome: Cleared
Legal Topics: Merger Notification, Asset Acquisition, Clearance Decision

Competition Law Merger Notification Asset Acquisition Clearance Decision

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Parties

Wicklow Hotel Partnership

Acquirer

Powerscourt Hotel Resort and Spa

Target

Procedural Posture

Merger Control / Phase 1 Clearance

Legal Issues

1 Whether the proposed acquisition of certain assets of Powerscourt Hotel Resort and Spa by Wicklow Hotel Partnership would substantially lessen competition in any market in Ireland

Ratio Decidendi

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

Court Disposition

Cleared

Orders

The proposed acquisition by Wicklow Hotel Partnership of certain assets operating as the Powerscourt Hotel Resort and Spa is cleared.