European Tyre Enterprise Limited/Tractamotors Tyres Limited
Transaction details
The proposed acquisition by European Tyre Enterprise Limited which is ultimately and solely owned by ITOCHU Corporation, of sole control of Tractamotors Tyres Limited has been cleared by the Competition and Consumer Protection Commission.
Case details
- Notification date:29 August 2024
- Publication date:29 August 2024
- Economic sector:Wholesale & retail trade - G
- Economic sub-sector:Wholesale trade - G.46
- Simplified merger:Yes
- Outcome:Cleared
Documents
M.24.053 Merger AnnouncementPDF | 170 KBM.24.053 Merger Announcement PDF | 170 KB - Opens in new window
M.24.053 DeterminationPDF | 235 KBM.24.053 Determination PDF | 235 KB - Opens in new window
Timetable
Parties Involved
European Tyre Enterprise Limited
European Tyre Enterprise Limited is a UK incorporated company that is ultimately and solely controlled by ITOCHU Corporation. ITOCHU operates in diverse fields through its trade and business investment including textiles, machinery, metals and minerals, energy and chemicals, food, general products, realty, ICT and financial services.
Tractamotors Tyres Limited
Tractamotors Tyres Limited is an Irish incorporated entity. Tractamotors is active in the wholesale supply of replacement tyres and tubes for cars, vans, 4x4 SUV, light truck, heavy truck, agricultural, construction, industrial, as well as OTR tyres and tubes.
Contacts
Aaron Kelly aaronkelly@ccpc.ie
