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

Decision NumberM/21/047
PartiesShuttington Holdings Unlimited Company,H2 Properties Limited
StatusPreliminary investigation (Phase 1)
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
Coimisiun
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Competition
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Consumer Protection
Cosoint
Tomholtdiri
Commission

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