Decision Nº M/21/047 from Competition and Consumer Protection Commission, 2021-10-22

• Jurisdiction: Ireland
• Court: Competition and Consumer Protection Commission
• Decision Number: M/21/047
• Decision Date: 22 October 2021
• Date: 22 October 2021
• Parties: Shuttington Holdings Unlimited Company,H2 Properties Limited

Merger Notification No. M/21/047 – Shuttington/H2 Properties

MERGER ANNOUNCEMENT - M/21/047

Competition and Consumer Protection Commission clears proposed transaction

concerning the acquisition by Shuttington Holdings Unlimited Company of the entire

issued share capital of H2 Properties Limited.

22 October 2021

On the 22 October 2021, the Competition and Consumer Protection Commission has cleared the

proposed transaction concerning the acquisition by Shuttington Holdings Unlimited Company, a

wholly-owned subsidiary of Ballinasmalla Holdings Unlimited Company, of the entire issued share

capital of H2 Properties Limited (the “Proposed Transaction”). The Proposed Transaction was notified

under the Competition Act 2002, as amended, on 16 September 2021.

The Commission has formed the view that the Proposed Transaction will not substantially lessen

competition in any market for goods or services in the State. The Commission will publish the reasons

for its determination on its website no later than 60 working days after the date of the determination

and after allowing the parties the opportunity to request that confidential information be removed

from the published version.

Additional Information

Shuttington Holdings is the holding company for the Corrib Oil group, which is involved in the

commercial oil business through the sale of home heating oil products, agricultural fuels, commercial

oils and engine oil from thirty-two fuel depot locations in Ireland. In addition, Corrib Oil owns and

operates a network of twenty motor fuel service stations and ancillary convenience stores in the State.

H2 Properties owns and operates a network of eleven motor fuel service stations and adjacent

convenience stores in the State, together with one standalone supermarket in Listowel, Co. Kerry

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