Klass Energy/McMullen Oils
Transaction details
The Competition and Consumer Protection Commission has decided that the acquisition by Klass Securities Limited, through Klass Energy Limited, of sole control of McMullen Oils, may be put into effect.
Related media statement
M.25.015 Media StatementCase details
- Notification date:27 February 2025
- Publication date:27 February 2025
- Economic sector:Wholesale & retail trade - G
- Economic sub-sector:Retail trade - G.47
- Outcome:Cleared
Documents
M.25.015 Merger AnnouncementPDF | 129 KBM.25.015 Merger Announcement PDF | 129 KB - Opens in new window
Timetable
Parties Involved
Klass Securities Limited
Klass Securities Limited has a number of subsidiaries which are all involved in the supply and distribution of oil and fuel in the State including: Klass Energy Limited; Klass Oil Distributors Limited; Klass Home Energy Limited and Tommy Dowd Oil Distributors Limited. The main activity of the these companies is the supply of oil and fuel (including gas oils, kerosene and road diesel) and unleaded petrol to customers in the domestic, commercial and agricultural sectors.
Klass Energy Limited
Klass Energy Limited is a subsidiary of Klass Securities Limited. The main activity of the Klass Energy Limited is the supply of refined fuel products such as kerosene, gasoil, road diesel and unleaded petrol.
McMullen Oils Limited
McMullen Oils Limited was a small oil and fuel distributor based in Cootehill, County Cavan. The products involved in McMullen Oils Limited's business were road diesel, kerosene, lubricants, MGO and unleaded petrol, and it operated in Counties Cavan and Monaghan.
Contacts
Jack Kelly jackkelly@ccpc.ie
