The Competition and Consumer Protection Commission said deal ‘will not substantially lessen competition’
The Republic’s competition watchdog has backed Kilsaran Concrete’s proposed acquisition of a sand and gravel pit in Rhode, Co Offaly, along with other assets owned by a local company.
The assets include Kilmurray’s sole sand and gravel pit at Kerryarkin, Rhode, Co Offaly along with a chip processing plant, stock, vehicles, plant, supply and sale contracts, interest in leased assets and two “small freehold properties”. In a statement on Friday, the CCPC said it had “determined the proposed deal will not substantially lessen competition”.
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