M/12/001 – OEP / Sonneborn
Transaction details
The proposed acquisition by One Equity Partners IV, L.P. (OEP) of Sonneborn Refined Products B.V. and Sonneborn Inc. (Sonneborn) has been cleared by the Competition Authority.
Notification date | Decision date |
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Tuesday February 28, 2012 | Thursday, March 22, 2012 |
Parties Involved | Business activities |
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One Equity Partners IV, L.P. | OEP is the private investment arm of JP Morgan Chase, managing investments and commitments for the group in direct private investment transactions. |
Sonneborn Refined Products B.V. | Sonneborn is a global manufacturer and marketer of refined speciality hydrocarbons, which are a by-product of crude oil refining. Sonneborn sells white oil, petrolatum and microcrystalline waxes to customers in Ireland. |
Sonneborn Inc. | . |
Economic sector | Media merger |
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The targets manufacture and market speciality hydrocarbons refined from base oils. | No |
Submissions from third parties due by: | |
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Phase 1 | Phase 2 |
Friday, March 9, 2012 |
Current status: Completed |
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Cleared (Phase 1) |
Authorised Officer Assigned | Contact Details |
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Barry O'Donnell | Tel: 01-804 5396, email: bod@tca.ie |
Media enquiries: MKC Communications: 01 7038600