CASE COMMENTS: MERGERS – CLEARANCE – COMMITMENTS

Phase I decision: The French Competition Authority approves the acquisition of sole control of a local player in the petroleum sector in La Réunion by the Rubis group subject to behavioral commitments (Société Réunionnaise de Produits Pétroliers, Rubis)

*This article is an automatic translation of the original article in French, provided here for your convenience. Read the original article. In its Decision No. 15-DCC-104 of 30 July 2015, the French Competition Authority authorised, subject to conditions, the acquisition of exclusive control by the Rubis group, which is active in France and internationally in the butane, propane and LPG distribution sector (hereinafter "Rubis"), of Société Réunionnaise de Produits Pétroliers (hereinafter "SRPP"). Prior to the operation, this company was jointly controlled by Total and Shell, which each held half of its capital. The SRPP's main activities are the import, storage and sale of petroleum products and LPG in La Réunion. For its storage activity, it operates the only petroleum product storage

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Authors

  • Herbert Smith Freehills (Paris)
  • Herbert Smith Freehills (Paris)

Quotation

Sergio Sorinas, Marie Louvet, Phase I decision: The French Competition Authority approves the acquisition of sole control of a local player in the petroleum sector in La Réunion by the Rubis group subject to behavioral commitments (Société Réunionnaise de Produits Pétroliers, Rubis), 30 July 2015, Concurrences N° 1-2016, Art. N° 77678, pp. 148-150

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