M/18/072 – 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.
| Notification date | Decision date |
|---|---|
| Tuesday August 28, 2018 | Tuesday, October 2, 2018 |
| Parties Involved | Business activities |
|---|---|
| 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. |
| Economic sector | Media merger |
|---|---|
| Motor Fuel (Retail/Wholesale) | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Wednesday, September 12, 2018 | |
| Current status: Completed |
|---|
| Preliminary investigation (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Emily Thornton | emilythornton@ccpc.ie |
Media enquiries: communications@ccpc.ie
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