Decision Nº M/12/024 from Competition and Consumer Protection Commission, 2012-12-12

Decision Date12 December 2012
Date12 December 2012
Decision NumberM/12/024
PartiesStobart Group Limited,Aer Arann
StatusCleared (Phase 1)
For further information contact:
Clodagh Coffey, Communications Manager, The Competition Authority
Tel: 01 804 5406 Mobile: 087 915 5406 email: cc@tca.ie
NEWS RELEASE 12 DECEMBER 2012
Competition Authority clears Stobart acquisition of Aer
Arann
The Competition Authority has cleared the proposed transaction whereby
Stobart Group Limited would acquire sole control of Aer Arann. The
transaction was notified by the parties under the Competition Act 2002 on 21
November 2012.
The Authority’s investigation and analysis indicates that there is little or no
overlap in the activities of Stobart and Aer Arann. Stobart is principally active
in road haulage whereas Aer Arann is active in air transport services. No third
party raised any competition concerns about the deal. The Authority
therefore concludes that the deal will not adversely affect consumers in any
markets for goods or services in the State.
The Authority will publish a public version of the reasons for its determination
on its website (www.tca.ie) no later than 11 February 2013 after allowing the
parties the opportunity to request that confidential information is removed
from the published version.
NOTES TO THE EDITOR
Stobart Group Limited, headquartered in Carlisle, UK, is active in the UK in
various sectors including road haulage, warehousing, property development,
ports, and airports including airport facilities at Southend and Carlisle.
Stobart Group Limited is active in road haulage within the State.
Aer Arann, headquartered in Dublin, Ireland, is a licensed air transport
provider providing passenger services within Ireland, between Ireland and the
United Kingdom and between Ireland and France.
- ENDS -

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