M/14/030 – Zenith / Phillips 66
Transaction details
The proposed acquisition by Zenith Energy Ireland Limited of Phillips 66 Bantry Bay Terminal Limited has been cleared by the Competition and Consumer Protection Commission.
| Notification date | Decision date |
|---|---|
| Tuesday October 28, 2014 | Friday, November 14, 2014 |
| Parties Involved | Business activities |
|---|---|
| Zenith Energy Ireland Limited | Zenith is deemed to be solely controlled by Warburg Pincus (Bermuda) Private Equity GP Ltd. Warburg Pincus is a private equity firm based in New York. |
| Phillips 66 Bantry Bay Terminal Limited | Bantry Bay Terminal carries out crude oil and petroleum product storage and related activities through a facility that is located in Whiddy Island, Bantry Bay, County Cork. |
| Economic sector | Media merger |
|---|---|
| Bantry Bay Terminal is engaged in the crude oil and petroleum products storage industry. | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Friday, November 7, 2014 | |
| Current status: Completed |
|---|
| Cleared (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Cormac Keating | Tel: 01-470 3653, e-mail: cormackeating@ccpc.ie |
Media enquiries: MKC Communications: 01 7038600
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Competition and Consumer Protection Commission
PO Box 12585, Dublin 1, D01 C576
Tel +353 (0)1 402 5500
Consumer helpline 01 402 5555