M/13/006 – Clare FM / Terence and Gay Mangan / Tipp FM

Transaction details

The proposed transaction whereby Clare Community Radio Holdings plc (Clare FM), Terence Mangan, Gay Mangan and Liam O’Shea, through Dreamglade Limited would acquire 56.1% of the issued share capital of County Tipperary Radio Limited (Tipp FM) has been notified to the Competition Authority.

Notification date Decision date
Thursday March 14, 2013 Wednesday, April 10, 2013
Parties Involved Business activities
Clare Community Radio Holdings plc

Clare FM is a broad-format local commercial radio service targeting adults aged 15+ with a particular focus on 25+ year olds in County Clare.

County Tipperary Radio Limited

Tipp FM is a broad-format local commercial radio service targeting adults aged 15+ with a particular focus on 25+ year olds in County Tipperary.

Terence and Gay Mangan

Mangan Bros. Holdings has a business of leasing warehouse properties to a variety of tenants, primarily in the cash and carry and wholesale distribution trade. Mangan Retail Properties Limited has a business of licensing retail grocery stores to licensees in the west of Ireland.

Economic sector Media merger
Radio advertising in County Tipperary and County Clare. Yes
Submissions from third parties due by:
Phase 1 Phase 2
Friday, March 29, 2013
Current status: Completed
Cleared (Phase 1)
Authorised Officer Assigned Contact Details
Ms. Victoria Balaguer

Tel: 01-804 5451, email: vb@tca.ie

Media enquiries: MKC Communications: 01 7038600

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