M/18/076 – Apollo / Tifco
Transaction details
The proposed acquisition by Trident Bidco Designated Activity Company of sole control of Bohrmount Limited, Cherrybeach Limited, Octavale Limited and Rhomway Limited, has been cleared by the Competition and Consumer Protection Commission.
| Notification date | Decision date |
|---|---|
| Monday September 10, 2018 | Thursday, October 4, 2018 |
| Parties Involved | Business activities |
|---|---|
| Trident Bidco DAC | Trident Bidco DAC is ultimately owned and controlled by investment funds managed by affiliates of Apollo Capital Management L.P. |
| Target Companies | The Target Companies, i.e., Bohrmount Limited, Cherrybeach Limited, Octavale Limited and Rhomway Limited, have been incorporated for the purposes of the Proposed Transaction and, collectively, are the holding companies for the majority of the business and assets of the Tifco Hotel Group. The Target Companies are active in the supply of hotel accommodation and related services within the State. |
| Economic sector | Media merger |
|---|---|
| Hotel Accommodation | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Tuesday, September 25, 2018 | |
| Current status: Completed |
|---|
| Cleared (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Emily Thornton | Tel: 00353(1) 4703607 |
Media enquiries: communications@ccpc.ie
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