When Elis, the French linen and laundry multinational, alerted the CCPC last August of its intention to acquire Co Mayo’s OCL Laundry Service, it stayed mum on the specific details. With the exception of a 74-word notice confirming the acquisition plans, there were scant references to the deal in the listed company’s public disclosures. Behind the scenes, the deal was facing much scrutiny from Ireland’s competition authority, which culminated in it being scuppered 10 months later. “This decision follows several months of discussions with the CCPC as part of its review of the transaction,” Elis stated in its announcement last…
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