Decision Nº M/03/031 from Competition and Consumer Protection Commission, 2003-11-06

CourtCompetition and Consumer Protection Commission (Ire)
PartiesClashfern Holdings,Stafford Holdings
Decision Date06 November 2003
Date06 November 2003
StatusCleared (Phase 1)
Decision NumberM/03/031
Determination of the Competition Authority
Determination No. M/03/031 of the Competition Authority, dated 6th November
Notification No. M/03/031 – Proposal by Stafford Holdings to acquire Clashfern
Holdings Limited
Introduction
1. On 6th October 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 Stafford Holdings would acquire all the shares not already
held by it in Clashfern Holdings Limited.
The Parties
2. Stafford Holdings is an unlimited company registered in Ireland and a member of
the Stafford Group (Stafford), which is involved in a number of businesses
including the importation and distribution of oil products. Stafford currently
owns a 36.2% shareholding in Clashfern Holdings Limited.
3. Clashfern Holdings Limited is a private limited company incorporated in Ireland
and is a holding company for a number of subsidiaries, including Campus Oil
Limited, which are also involved in the importation and distribution of oil
products. The Clashfern Group (Campus) also operates a number of mainly
dealer owned service stations throughout Ireland selling motor fuels.
Analysis
4. The overlap in the parties’ activities occurs in the sale and distribution of certain
oil products, namely gas oil, kerosene and motor diesel.
Gas Oil
Gas oil is also known as agricultural oil or tractor diesel. It is used as a fuel for
heating in industry and households.
Kerosene
Kerosene is also used for heating in industry and households. Like gas oil,
kerosene may be sold either directly to end consumers or indirectly through
distributors.
Motor Diesel
Motor diesel is also known as DERV and is used for road vehicles. It has similar
properties to gas oil.
1

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT