Topaz acquisition of Esso approved

The Competition and Consumer Protection Commission (CCPC) has approve Topaz's purchase of Esso.

Emmet O’Neill, Chief Executive of Topaz Energy Limited (Topaz), has welcomed today’s decision by the Competition and Consumer Protection Commission (CCPC) to approve the purchase of Esso Ireland’s fuels and convenience business in Ireland.

The deal will see Topaz Investments Ltd, the parent company of Topaz Energy Limited, acquire Esso Ireland Ltd and its wholly owned subsidiaries, Ireland ROC Ltd and Esso Ireland Manufacturing Company Ltd.

It will bring to 425 the number of service stations in the Topaz network, 162 of which will be company owned.