M/10/041 – Pilgrim (Oaktree Group) / MHL & MCL
Transaction details
The proposed acquisition of McInerney Homes Limited (MHL) and McInerney Contracting Limited (MCL) by Pilgrim S.á.r.l. (Pilgrim), part of the Oaktree Capital Management investment group (Oaktree Group), has been notified to the Competition Authority.
| Notification date | Decision date |
|---|---|
| Wednesday November 24, 2010 | Friday, December 3, 2010 |
| Parties Involved | Business activities |
|---|---|
| Pilgrim / Oaktree Group | Pilgrim is part of the Oaktree Group, whose core activity focuses on investments in specialised private equity, distressed debt, high yield and convertible bonds, emerging market and Japanese securities, real estate, and mezzanine finance. |
| McInerney Homes Limited | MHL is active in the construction industry. |
| McInerney Contracting Limited | MCL is a general contracting company, which caters for the public and private sectors, encompassing housing, commercial, retail, industrial, office, leisure and educational developments. |
| Economic sector | Media merger |
|---|---|
| Construction and related services | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Monday, November 29, 2010 | |
| Current status: Completed |
|---|
| Cleared (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Mr. Barry O'Donnell | Tel: 01-804 5396, email: bod@tca.ie |
Media enquiries: MKC Communications: 01 7038600
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