Mergers: Commission clears acquisition of Applegreen by Blackstone and B&J

Daily News 23/02/2021


Economia - pubblicata il 24 Febbraio 2021


https://www.trevisobellunosystem.com/tvsys/img/notizie/european_commission.png

Source: European Commission

Brussels, Tuesday 23rd February 2021.

The European Commission has approved, under the EU Merger Regulation, the acquisition of Applegreen of Ireland by Blackstone of the US and B&J of Malta. Applegreen is a roadside convenience
retailer, operating at motorway service areas, trunk road service areas and petrol filling stations, with presence in Ireland, the UK and the US. Blackstone is a global asset management company.
B&J is a holding company, owned by Joseph Barrett and Robert Etchingham and currently Applegreen’s largest shareholder. The Commission concluded that the proposed acquisition would raise no
competition concerns, because it would not create any overlaps between the activities of the companies. The transaction was examined under the simplified merger review procedure.

More information is available on the Commission’s competition website, in the
public case register under
the case number
M.10132
.

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