Celsa / ROM Group [2008] IECompA m08034 (7 November 2008)

Celsa / ROM Group [2008] IECompA m08034 (7 November 2008)

The Competition Authority found that the proposed acquisition would not substantially lessen competition in any market for goods or services in the State, as the parties operate at different levels of the supply chain and sufficient competition remains post-transaction.

Parties
Acquirer: Celsa Steel Service (UK) Limited; Target: ROM Group Limited
Jurisdiction
Ireland
Judgment Date
07 November 2008
Procedural Posture
Merger Notification / Phase 1 Clearance
Outcome
Cleared
Legal Topics
Proposed Acquisition, Market Concentration, Steel Industry

Case Brief

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Parties

Celsa Steel Service (UK) Limited

Acquirer

ROM Group Limited

Target

Procedural Posture

Merger Notification / Phase 1 Clearance

  1. 1 Whether the proposed acquisition of ROM Group Limited by Celsa Steel Service (UK) Limited would substantially lessen competition in the relevant markets.

Ratio Decidendi

The Competition Authority found that the proposed acquisition would not substantially lessen competition in any market for goods or services in the State, as the parties operate at different levels of the supply chain and sufficient competition remains post-transaction.

Court Disposition

Cleared

Orders

  • The proposed acquisition of ROM Group Limited by Celsa Steel Service (UK) Limited is approved unconditionally.