Klass Energy/Valero Marketing Ireland
Transaction details
The proposed acquisition by Klass Securities Limited of sole control of Valero Marketing Ireland Limited has been cleared by the Competition and Consumer Protection Commission.
Case details
- Notification date:14 November 2025
- Publication date:14 November 2025
- Economic sector:Wholesale & retail trade - G
- Economic sub-sector:Wholesale trade - G.46
- Request for information:Yes
- Outcome:Cleared
Documents
M.25.078 Merger AnnouncementPDF | 226 KBM.25.078 Merger Announcement PDF | 226 KB - Opens in new window
Timetable
Parties Involved
Klass Securities Limited
Klass Securities Limited has a number of subsidiaries which are 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, Tommy Dowd Oil Distributors Limited, Sweedon Oil Limited and McMullen Oils 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.
Valero Marketing Ireland Limited
Valero Marketing Ireland is a subsidiary of Valero Energy Ireland, which is in turn
ultimately wholly-owned by Valero Energy Corporation. Valero Energy Corporation is a company based in San Antonio, Texas, which is publicly listed on the New
York Stock Exchange.
Valero Marketing Ireland distributes refined oil and fuel products including gas oil, road diesel, kerosene and a small amount of unleaded petrol to domestic, industrial, commercial, agricultural, marine, service station and transport customers in the State.
Contacts
