M/22/016 – Keary Motors / Renault Retail Group Ireland
Transaction details
The proposed acquisition by Keary Motors Limited of the entire issued share capital, and thus sole control, of Renault Retail Group Ireland Limited, has been cleared by the Competition and Consumer Protection Commission.
| Notification date | Decision date |
|---|---|
| Friday April 1, 2022 | Friday, May 13, 2022 |
| Parties Involved | Business activities |
|---|---|
| Keary Motors Limited | Keary Motors Limited is part of the Kearys Motor Group, which is active in: the retail sale of new and demonstration passenger and light commercial vehicles of specific brands namely, Renault, Dacia, Hyundai, Nissan, BMW and Mini; the sale of used vehicles of any make of vehicle; and, the provision of aftersales services and the sale of parts and accessories. It also offers intermediary finance and insurance services. |
| Renault Retail Group Ireland Limited | Renault Retail Group Ireland Limited is engaged primarily in the sale of new Renault- and Dacia-branded vehicles, as well as the provision of parts, vehicle servicing and associated financial products. It is also engaged in the sale of used vehicles of any make. |
| Economic sector | Media merger |
|---|---|
| Motor Sector - (Retail/Wholesale) | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Wednesday, April 20, 2022 | |
| Current status: Completed |
|---|
| Cleared (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Tommy Burke | Tel: (+353)1 402 5503 E-mail: tommyburke@ccpc.ie |
| Peter Honer | Tel: (+353) 85 877 5412 E-mail: peterhoner@ccpc.ie |
Media enquiries: communications@ccpc.ie
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