Decision Nº M/14/041 from Competition and Consumer Protection Commission, 2015-01-22

Decision NumberM/14/041
PartiesCommons Road Cars Limited,JDM Automotive Limited
StatusCleared (Phase 1)
1
Merger Notification No. M/14/041 – JDM Automotive / Commons Road Cars
DETERMINATION
OF
MERGER
NOTIFICATION
M/14/041
-
JDM
A
UTOMOTIVE
/
C
OMMONS
R
OAD
C
ARS
Section 21 of the Competition Act 2002
Proposed acquisition by JDM Automotive Limited of Commons Road Cars
Limited
Dated 22 January 2015
Introduction
1. On 30 December 2014, in accordance with section 18(1) of the Competition Act 2002,
as amended
1
(“the Act”), the Competition and Consumer Protection Commission (“the
Commission”) received a notification of a proposed transaction whereby JDM
Automotive Limited (“JDM Automotive”) would acquire the entire issued share capital
and therefore sole control of Commons Road Cars Limited (”Commons Road Cars”).
The Transaction
2. On 10 December 2014, […].
3. A draft share purchase agreement was subsequently received by the Commission
2
. In
the circumstances, the Commission considers that the undertakings involved have
demonstrated to the Commission a good faith intention to conclude an agreement for
the purposes of section 18(1A)(b)(ii) of the Act.
4. It is proposed that the entire issued share capital of Commons Road Cars will be
acquired by JDM Automotive.
The Undertakings Involved
The Acquirer – JDM Automotive
5. JDM Automotive is a company incorporated in the State in 2006 with its registered
office at Exit 5, M50, North Road, Dublin 11. JDM Automotive is the holding company
for the Joe Duffy Automotive Motor Group.
3
1
It should be noted that t he Competition and Consumer Protection Act 2014 made a number of important amendments to the
merger review regime set out in the Competition Act 2002.
2
On 09 January 2015, in response to a query by the Commission.
3
See http://www.joeduffy.ie/.

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