M/25/078 – Klass Energy/Valero Marketing Ireland
Transaction details
The proposed acquisition by Klass Securities Limited of sole control of Valero Marketing Ireland Limited has been notified to the Competition and Consumer Protection Commission.
| Notification date | Decision date |
|---|---|
| Friday November 14, 2025 | |
| Parties Involved | Business activities |
|---|---|
| Klass Securities Limited | Klass Securities Limited has a number of subsidiaries which are involved in the supply and distribution of oil and fuel in the State including; Klass Energy Limited , Klass Oil Distributors Limited, Klass Home Energy Limited, Tommy Dowd Oil Distributors Limited and Sweedon Oil Limited and a recently established company called Klass Home Energy. The main activity of the these companies is the supply of oil and fuel (including gas oils, kerosene and road diesel) and unleaded petrol to customers in the domestic, commercial and agricultural sectors. |
| Valero Marketing Ireland Limited | Valero Marketing Ireland is a subsidiary of Valero Energy Ireland, which is in turn Valero Marketing Ireland distributes refined oil and fuel products including gas oil, road diesel, kerosene and a small amount of unleaded petrol to domestic, industrial, commercial, agricultural, marine, service station and transport customers in the State. |
| Economic sector | Media merger |
|---|---|
| Motor Fuel - (Retail/Wholesale) | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Friday, November 28, 2025 | |
| Current status: Active |
|---|
| Preliminary investigation (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Éadaoin Burns | eadaoinburns@ccpc.ie |
| Aodhán Frain | aodhanfrain@ccpc.ie |
Media enquiries: communications@ccpc.ie
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Competition and Consumer Protection Commission
PO Box 12585, Dublin 1, D01 C576
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