Petrogas/Glenview Motors
Transaction details
The proposed acquisition whereby Applegreen plc, through its wholly-owned indirect subsidiary, Petrogas Group Limited, would acquire sole control of certain assets comprising a retail service station located at Killarney Road, Macroom, Co. Cork has been cleared by the Competition and Consumer Protection Commission.
Case details
- Notification date:27 August 2018
- Publication date:27 August 2018
- Economic sector:Wholesale & retail trade - G
- Economic sub-sector:Retail trade - G.47
- Outcome:Cleared
Documents
M.18.072 Merger AnnouncementPDF | 134 KBM.18.072 Merger Announcement PDF | 134 KB - Opens in new window
M.18.072 DeterminationPDF | 257 KBM.18.072 Determination PDF | 257 KB - Opens in new window
Timetable
Parties Involved
Petrogas Group Limited
Petrogas Group Limited is ultimately controlled by Applegreen plc. Applegreen service stations are involved in the retail sale of motor fuel. In addition, Applegreen service stations offer grocery goods, coffee and hot food. Applegreen has a number of strategic partnerships with international food and beverage brands, notably Burger King, Costa Coffee, Lavazza, Freshii, 7-Eleven, Greggs, Chopstix and Subway, which operate on a franchise basis at Applegreen service stations.
Target Assets
The Target Assets consist of a single service station, comprising petrol filling station, carwash, forecourt, convenience stores and restaurants, currently trading as Glenview Motors under the Topaz Brand.
Contacts
Emily Thornton emilythornton@ccpc.ie
