Bright Motor City/Certain Assets of Gowan Group
Transaction details
The proposed acquisition by Brightstone Trading Limited, through its wholly-owned subsidiary Bright Motor City Limited, of certain assets of Gowan Motor Retail Group Limited has been cleared by the Competition and Consumer Protection Commission.
Case details
- Notification date:27 July 2023
- Publication date:27 July 2023
- Economic sector:Wholesale & retail trade - G
- Economic sub-sector:Retail trade - G.47
- Outcome:Cleared
Documents
M.23.035 Merger AnnouncementPDF | 133 KBM.23.035 Merger Announcement PDF | 133 KB - Opens in new window
M.23.035 DeterminationPDF | 297 KBM.23.035 Determination PDF | 297 KB - Opens in new window
Timetable
Parties Involved
Bright Motor City Limited
Bright Motor City Limited was recently incorporated in the State and is a wholly-owned subsidiary of Brightstone Trading Limited.
Brightstone Trading Limited's subsidiaries are principally involved in the the retail sale of new and demonstration branded passenger cars (such as Ford, Hyundai, VW Commercial Vehicles, Suzuki, SEAT, Cupra and Citroën) and light commercial vehicles. This retail sale includes the supply of intermediary financial services, aftersales services, repair services and the sale of parts and accessories for the above brand-specific vehicles. Furthermore, Brightstone Trading Limited's subsidiaries are involved in the retail sale of pre-owned passenger cars and pre-owned light commercial vehicles.
Gowan Motor Retail Group Limited
Gowan Motor Retail Group Limited is principally involved in the retail sale of new and demonstration branded passenger cars (such as Peugeot, Opel, KIA and DS Automobiles) and light commercial vehicles. This retail sale includes the supply of intermediary financial services, aftersales services, repair services and the sale of parts and accessories for Peugeot, Opel, KIA and DS Automobiles branded vehicles. Gowan Motor Retail Group Limited also provides aftersales services and supplies spare parts for Citroën and Honda vehicles. Furthermore, Gowan Motor Retail Group Limited is involved in the sale of pre-owned passenger cars and pre-owned light commercial vehicles.
Contacts
Marie-Claire Long marieclairelong@ccpc.ie
