M/22/034 – M&S/Gist
Transaction details
The proposed acquisition whereby Storeshield Limited and Marks and Spencer (A2B) Limited, a wholly owned subsidiary of Marks and Spencer Group plc (M&S), have together agreed an irrevocable “put and call” option that will ultimately enable M&S, subject to the satisfaction of certain conditions precedent, to acquire the entire issued share capital of Gist Limited has been cleared by the Competition and Consumer Protection Commission.
| Notification date | Decision date |
|---|---|
| Friday July 29, 2022 | Thursday, September 8, 2022 |
| Parties Involved | Business activities |
|---|---|
| Marks and Spencer Group plc | The retail supply of groceries, clothing and home products in Ireland, in the UK and internationally. |
| Gist Limited | The provision of third-party contract logistics services, including the primary and secondary warehousing and distribution of food products. |
| Economic sector | Media merger |
|---|---|
| Retail & Wholesale Grocery | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Friday, August 12, 2022 | |
| Current status: Completed |
|---|
| Cleared (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Barry O'Donnell | BarryODonnell@ccpc.ie |
| Eilís McDonnell | eilismcdonnell@ccpc.ie |
Media enquiries: communications@ccpc.ie
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