CCPC issues assessment to parties in relation to Q-Park / Tazbell Services
May 26, 2023
As part of its review process of the proposed acquisition by Q-Park Ireland Limited of the entire issued share capital of Tazbell Services Group Designated Activity Company, Sarlon Limited and Maukin Limited (see merger notification M/22/040 – Q-Park / Tazbell Services ), the Competition and Consumer Protection Commission (CCPC) has issued an assessment of the proposed acquisition to the parties involved.
This assessment, which sets out the preliminary views of the CCPC, is not a final determination. The parties have an opportunity to respond in writing to the CCPC’s assessment and they may also ask to make an oral submission.
This proposed acquisition was originally notified to the CCPC in August 2022. The CCPC carried out a preliminary investigation of the proposed acquisition and concluded that a full investigation was required to establish if the proposed acquisition could lead to a substantial lessening of competition in the State.
Based on the timelines as set out in the CCPC’s merger review process, it is now expected that the investigation will conclude no later than August 2023. At that time, the outcome of the investigation will be published on ccpc.ie. A full non-confidential version of the CCPC’s determination will subsequently be published.
As the merger control review is ongoing, no further information or comment can be provided at this time.Return to News