Dawn Meats deal yet to be notified to Irish competition authorities
Across Dawn Meats and Dunbia, the businesses process approximately 900,000 cattle and 2.6m sheep annually
The planned new tie-up between Dawn Meats and Dunbia has yet to be notified to the Irish completion authorities.
Last week, Dawn Meats agreed a strategic partnership with Dunbia to establish a majority owned joint venture in the UK comprising the UK operations of both organisations.
Dawn will separately acquire Dunbia’s operations in the Republic of Ireland.
The deal is subject to approval by the relevant competition authorities. However a spokesperson for the Competition and Consumer Protection Commission (CCPC) said it has not received formal notification of a proposed transaction.
Firms are required to notify the CCPC once certain financial thresholds have been reached.
If an acquisition meets these thresholds then the acquisition must be notified to the CCPC, provided the combined turnover of the companies involved does not exceed the European Union Merger Regulation thresholds, in which case it must be notified to the European Commission.
As far as the CCPC is aware the transaction has not been notified to the European Commission, the spokesperson said.
Under the proposed transaction, Dawn Meats in Ireland will have 9 facilities (including 5 abattoirs), following the addition of two complementary Dunbia facilities - one abattoir in Slane, and one boning hall in Kilbeggan.