M/12/003 – SEP / ESB NM / Geothermal International
Transaction details
The proposed acquisition by Scottish Equity Partners LLP (SEP) and ESB Novusmodus Limited Partnership (ESB NM) of joint control of Geothermal International Limited (Geothermal International) which is currently solely controlled by ESB NM, has been cleared by the Competition Authority.ﾠ
| Notification date | Decision date |
|---|---|
| Thursday March 22, 2012 | Friday, April 20, 2012 |
| Parties Involved | Business activities |
|---|---|
| Scottish Equity Partners LLP | SEP is an independent, owner managed venture capital and growth equity firm which invests in innovative, high growth companies in the IT, healthcare and energy sectors. |
| ESB Novusmodus Limited Partnership | ESB NM is an investment fund established by way of partnership by ESB. |
| Geothermal International Limited | Geothermal International is active in the design and installation of heating and cooling systems and process and building controls. |
| Economic sector | Media merger |
|---|---|
| Heating and cooling systems and process and building controls. | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Monday, April 2, 2012 | |
| Current status: Completed |
|---|
| Cleared (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Barry O'Donnell | Tel: 01-804 5396 |
Media enquiries: MKC Communications: 01 7038600
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