M/19/044 - Timac Agro (Holdings) (Groupe Roullier) / Grassland Agro [2020] IECompA m19044 (27 May 2020)
The proposed acquisition does not raise competition concerns and is compatible with the proper functioning of competition in the relevant markets.
- Parties
- Acquirer: Timac Agro (Holdings) Ireland Limited; Target: Grassland Agro unlimited company
- Jurisdiction
- Ireland
- Judgment Date
- 27 May 2020
- Procedural Posture
- Merger Control / Phase 1 Clearance
- Outcome
- Cleared
- Legal Topics
- Merger Notification, Acquisition of Sole Control, Agriculture Sector
Case Brief
Summary, issues, holding and outcome
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Parties
Timac Agro (Holdings) Ireland Limited
Acquirer
Grassland Agro unlimited company
Target
Procedural Posture
Merger Control / Phase 1 Clearance
Legal Issues
- 1 Whether the proposed acquisition by Timac Agro (Holdings) Ireland Limited of sole control in Grassland Agro unlimited company is compatible with competition law requirements
Ratio Decidendi
The proposed acquisition does not raise competition concerns and is compatible with the proper functioning of competition in the relevant markets.
Court Disposition
Cleared
Orders
- The proposed acquisition is cleared under Phase 1 and may proceed.
Full Case Text
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