Decision Nº M/06/072 from Competition and Consumer Protection Commission, 2006-11-13

Decision NumberM/06/072
PartiesApax Partners,Incisive Media
StatusCleared (Phase 1)
Merger Notification M/06/072– Apax Partners/Incisive Media
DETERMINATION OF MERGER NOTIFICATION M/06/072 –
APAX PARTNERS/INCISIVE MEDIA
Section 21 of the Competition Act 2002
Proposed acquisition by Apax Partners Holdings Limited o f
Incisive Media plc
Dated 13/11/06
Introduction
1. On 27 October 2006, the Competition Authority (“the Authority”), in
accordance with Section 18(1) of the Competition Act, 2002 (“the
Act”), was notified on a mandatory basis of a proposal whereby
Apax Partners Holdings Limited (“Apax Partners”) would acquire
sole control of Incisive Media plc (“Incisive Media”).
The Undertakings Involved
2. Apax Partners, the acquirer, is a private equity investment group
and the parent company of a number of companies that provide
investment management and investment advisory services to
private equity funds mainly in Europe in a range of industry sectors.
Apax Partners is active in publication through two of its portfolio
companies:
(a) PCM Uitgevers is a Dutch language publisher that is active in
the publication of national and regional newspapers, as well
as, medical and educational books in the Netherlands; and
(b) World Directories is a producer of telephone directories in
Belgium, Netherlands, Ireland, Portugal, Romania, Puerto
Rico and South Africa.
3.
Incisive Media, the target, is a provider of business information
through newsletters, magazines, books, conferences and
exhibitions, websites and databases to target audiences.
1
Analysis
4. While the und ertakings involved are both generally active in the
publication sector, there is no overlap in their products in the State.
Incisive m edia is mainly involved in the provision of business information
1
The current activities carried out by Incisive Media do not constitute a “Media Business” as defined
under the Competition Act, 2002.

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