Decision Nº M/13/032 from Competition and Consumer Protection Commission, 2013-12-13

• Jurisdiction: Ireland
• Parties: Dynea Ireland Limited,Tennants Consolidated Limited
• Date: 13 December 2013
• Decision Date: 13 December 2013
• Decision Number: M/13/032
• Court: Commissioner for Environmental Information

Merger Notification No. M/13/032 – Tenants / Dynea

DETERMINATION OF MERGER NOTIFICATION M/13/032 –

Tennants / Dynea

Section 21 of the Competition Act 2002

Proposed acquisition by Tennants Consol idated Limited Dynea Ireland

Limited and certain of the business and assets of Dyn ea UK Limited

Dated 13 December 2013

Introduction

1. On 18 November 2013, in accordance with secti on 18 of the

Competition Act 2002 (“the Act”), the Comp etition Authority (“the

Authority”) received a notification of a proposed acquisition whereby

Tennants Consolid ated Limited (“Tennants”), th rough its wholly owned

subsidiaries Synthite Limited (“Synthite”) and TS Resins Limited (“TS

Resins”), woul d acquire sole control of D ynea Ireland Limited (“Dynea

IRE”) and certain of the business and assets of Dynea UK Limited

(“Dynea UK”) (together “the Target”).

The Undertakings

Tennants

2. Tennants is a UK private limited company headquartered in London

and prima rily involved in the production a nd distribution of chemicals.

Tennants has chemical manu facturing facilities in several locations

including in Brazil, Canada, China, Italy, the UK and the USA. Its

distribution activities are centred primarily on the UK and continental

Europe but it also distributes to Canada.

3. Globally Tennants manufactures and/or distributes a wide variety of

chemicals including: resins, pigments, pigment dispersions,

formaldehyde and allied products, polyureth anes resins and additives

for inks and coatin gs, moulding powders, mining chemicals, aroma

chemicals (for use in fragrances), chemical specialties to the polymer

manufacturing and processing industry an d chemical s for use in the

cosmetics, food, pharmaceuti cal and industrial sectors. Tenn ants also

synthesizes organic compounds to research and development

companies in the pharmaceutical and bioscience industries.

1

Tennan ts

also manufactures and dist ributes AdBlue

®

, together with storage and

dispensing equipment though the licensed trademark Green ox

®

.

2

4. Within the State, Tennants is active through three subsi diaries namely:

1

See: http://www.tennants.eu/pages_en/tennantgroup/ten_con_ltd.html

2

AdBlue is a solution of urea in demineralised water and is used in vehicles with diesel engines to

reduce Nitrous Oxide (NOx) emissions. For more information see:

http://www.charlestennant.com/brochures/Adblue_brochure.pdf and

http://www.greenoxadblue.co.uk/