Decision Nº M/03/047 from Competition and Consumer Protection Commission, 2004-01-23

• Jurisdiction: Ireland
• Decision Date: 23 January 2004
• Decision Number: M/03/047
• Date: 23 January 2004
• Parties: Aliplast NV,Electra Partners
• Court: Competition and Consumer Protection Commission

Determination of the Competition Authority

Determination No. M/03/047 of the Competition Authority, dated January 23,

2004, under Section 21 of the Competition Act, 2002

Notification No. M/03/047 – Acquisition by Electra Partners Limited of Aliplast

NV

Introduction

1. On the 24th of December, 2003, the Competition Authority, in accordance with

Section 18 (1) of the Competition Act, 2002 (“the Act”) was notified, on a

mandatory basis, of a proposal whereby Electra Partners Limited (Electra) would

acquire Aliplast NV (Aliplast), which is involved in the production and

distribution of aluminium profiles.

The Parties

2. Electra is a private equity investment company that has investments in, inter alia,

retailing and wholesaling, printing, steel casting manufacture, health and sports

clubs, security equipment, transport and gaming machine manufacture.

3. Aliplast, a Belgian registered company, and its subsidiaries are involved in the

development, assembly and distribution of aluminium profiles, such as windows,

doors, ventilation grills and other similar products.

Analysis

4. Electra does not carry on business in Ireland in the area of producing and

distributing aluminium profiles. Therefore, there is no significant overlap in the

parties’ activities. Accordingly, the proposed transaction does not give rise to

competition concerns.

Determination

The Competition Authority, in accordance with Section 21(2) of the Competition Act,

2002, has determined that, in its opinion, the result of the proposed acquisition will

not be to substantially lessen competition in markets for goods and services in the

State and, accordingly, that the acquisition may be put into effect.

For the Competition Authority

Edward Henneberry

Member of the Competition Authority

January 23, 2004

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