Transaction details
The proposed acquisition of certain assets of Valero Energy (Ireland) Limited by Fuelplus Limited has been cleared by the Competition and Consumer Protection Commission.
| Economic sector | Media merger |
| Fuel card service sector. | No |
Notification date: Friday, February 13, 2015
| Parties Involved | Business activities |
| Fuelplus Limited | Fuelplus is part of the Radius Group and is a wholly owned subsidiary of Diesel Card Ireland. The Radius Group is a UK-based fuel card service provider operating in eleven countries across Europe, including the State. |
| Valero Energy (Ireland) Limited | Valero acts as an issuer of the following cards in the state and Northern Ireland: Fastfuel Ireland card, Texaco diesel card and Texaco fuel card. |
| Fuelplus is part of the Radius Group and is a wholly owned subsidiary of Diesel Card Ireland. The Radius Group is a UK-based fuel card service provider operating in eleven countries across Europe, including the State. |
| Valero acts as an issuer of the following cards in the state and Northern Ireland: Fastfuel Ireland card, Texaco diesel card and Texaco fuel card. |
The deadline for any third parties who wish to make submissions regarding the competition aspects of this merger is:
| Phase 1 |
| Monday, February 23, 2015 |
|
Current status |
Completed |
Cleared (Phase 1) |
Decision date: Thursday, March 26, 2015
