M/22/042 – Arachas/Glennon

Transaction details

The proposed acquisition by Arachas Bidco Designated Activity Company of 100% of the issued share capital, and thus sole control of (i) Frank Glennon Limited, and (ii) Administration and Management Services Limited, together with their subsidiaries, has been cleared by the Competition and Consumer Protection Commission.

Notification date Decision date
Wednesday August 10, 2022 Friday, September 16, 2022
Parties Involved Business activities
Arachas Bidco Designated Activity Company

Arachas Bidco Designated Activity Company distributes commercial and personal insurance products through its retail and wholesale channels predominantly to customers located in Ireland.

Glennon

Frank Glennon Limited and Administration and Management Services Limited, and their subsidiaries ("Glennon") are family-owned independent insurance brokers, providing life and non-life insurance intermediary and associated services to private and commercial customers.

Economic sector Media merger
Financial and Insurance Services No
Submissions from third parties due by:
Phase 1 Phase 2
Friday, August 26, 2022
Current status: Completed
Cleared (Phase 1)
Authorised Officer Assigned Contact Details
Kelly Lynch

Email: kellylynch@ccpc.ie
Phone: +353 86 440 2052

Peter Honer

Email: peterhoner@ccpc.ie

Media enquiries: communications@ccpc.ie

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