M/24/053 – 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.
| Notification date | Decision date |
|---|---|
| Friday August 30, 2024 | Tuesday, September 17, 2024 |
| Parties Involved | Business activities |
|---|---|
| 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. |
| Economic sector | Media merger |
|---|---|
| Motor Sector (Retail/Wholesale) | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Friday, September 13, 2024 | |
| Current status: Completed |
|---|
| Simplified Merger Notification |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Aaron Kelly | aaronkelly@ccpc.ie |
Media enquiries: communications@ccpc.ie
Haven’t found what you’re looking for?
Competition and Consumer Protection Commission
PO Box 12585, Dublin 1, D01 C576
Tel +353 (0)1 402 5500
Consumer helpline 01 402 5555