M/24/071 – Bord Gáis Energy / Swyft Energy
Transaction details
The proposed acquisition by Bord Gais Energy Limited of sole control of Ardrar Holdings Limited has been cleared by the Competition and Consumer Protection Commission.
Notification date |
Decision date |
Monday November 18, 2024 |
Tuesday, December 24, 2024 |
Parties Involved |
Business activities |
Bord Gáis Energy Limited |
Bord Gáis Energy Limited generates, sells and trades energy for use in the State. BGE’s other service offerings are the sale and installation of boilers, servicing and repair of boilers, and the installation of solar photovoltaic (solar PV) systems. The company also provides services relating to heat pumps, smart heating and electric vehicle charging.
|
Ardrar Holdings Limited (Swyft Energy) |
Ardrar Holdings Limited is a holding company with sole control of two companies: Ardrar Limited (trading as Swyft Energy) and Ardrar Technology Limited (trading as Pipelyne).
Swyft Energy provides home heating services such as the installation of solar photovoltaic (Solar PV) systems, gas boilers, smart heating controls, EV chargers and other ancillary products.
Ardrar Technology Limited (Pipelyne) owns the customer relationship management software that connects Swyft Energy with its customers and manages the business digitally.
|
Economic sector |
Media merger |
Energy & Utilities |
No |
Submissions from third parties due by: |
Phase 1 |
Phase 2 |
Wednesday, December 4, 2024 |
|
Current status: Completed |
Preliminary investigation (Phase 1) |
Authorised Officer Assigned |
Contact Details |
Maximilian Tipp-McKnight |
maximiliantippmcknight@ccpc.ie
|
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