M/17/015 – Avanacar (Brightstone Trading)/Citroen Dublin
Transaction details
The proposed acquisition by Brightstone Trading Limited through its wholly owned subsidiary Avanacar Limited, of sole control of certain assets of I.M. European Motors Limited, constituting a Citroen car dealership and aftersales service and repair business at Airside Motor Park Swords, Co. Dublin has been cleared by the Competition and Consumer Protection Commission.
| Notification date | Decision date |
|---|---|
| Wednesday March 29, 2017 | Friday, May 5, 2017 |
| Parties Involved | Business activities |
|---|---|
| Brightstone Trading Limited | Brightstone Trading Limited is a parent holding company of a number of subsidiaries who are active in the motor trade (operate dealerships including Ford and Seat), property development and fleet services. |
| I.M. European Motors Limited | I.M. European Motors Limited is part of the IM group and is the nationwide distributor of Citroen passenger vehicles in the State. The Target Assets are the IM Groups' only retail outlet in the State. |
| Target Assets | Citroen Dublin is the trading name for the Citroen car dealership and aftersales service and repair business at Airside Motor Park Swords, Co. Dublin |
| Economic sector | Media merger |
|---|---|
| Vehicles sales and after sales service | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Wednesday, April 12, 2017 | |
| Current status: Completed |
|---|
| Cleared (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Tommy Burke | Tel No.: 01 4025503 email: tommyburke@ccpc.ie |
Media enquiries: MKC Communications: 01 7038600
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