Decision Nº M/03/029 from Competition and Consumer Protection Commission, 2003-11-20

CourtCompetition and Consumer Protection Commission (Ire)
PartiesGaltee Meats,Dawn Meats
Date20 November 2003
Decision NumberM/03/029
StatusCleared (Phase 2)
Decision Date20 November 2003
Determination of the Competition Authority
Determination No. M/03/029p1 of the Competition Authority, dated 9 October
Notification No. M/03/029 – The proposed acquisition of Galtee Meats
(Charleville) Ltd by Dawn Meats Limited
Introduction
1. On 9 September 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 Dawn Meats Ltd would acquire Galtee Meats
(Charleville) Ltd from Dairygold Co-operative Society Ltd.
The Parties
2. Dawn Meats Ltd (“Dawn”) is engaged in the slaughtering and processing of beef
and lamb, the trading and distribution of meat, and the rendering of by-products.
Dawn is a privately held group of companies; the majority shareholding is owned
by the Queally family. The Queally family also holds a majority shareholding in
a company that is active in beef processing, through a subsidiary company - QK
Meats Ltd in Naas, Co. Kildare. Dawn and QK Meats are licensed to export beef
to EU countries by the Department of Agriculture.
3. Galtee Meats (Charleville) Ltd (“Galtee”) is a wholly-owned subsidiary of
Dairygold Co-operative Society Ltd, and is engaged in beef slaughtering and
processing in Charleville, Co. Cork. Galtee is licensed to export beef to EU
countries.
Determination
Having considered the information provided and collected, the Competition Authority
has been unable to form the view that the result of the proposed acquisition will not be
to substantially lessen competition in markets for goods and services in the State and,
in accordance with Section 21(2) of the Competition Act, 2002, has determined to
carry out a full investigation under Section 22 of the Competition Act, 2002.
For the Competition Authority
John Fingleton
Chairperson of the Competition Authority
9 October 2003
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