M/19/030 – MML Capital/Eastland Engineering & EES
Transaction details
The proposed acquisition by MML Funds (managed by MML Growth Capital Partners Ireland Limited) of Eastland Engineering Supply Co Limited and EES Florida LLC has been cleared by the Competition and Consumer Protection Commission.
| Notification date | Decision date |
|---|---|
| Friday October 11, 2019 | Thursday, November 14, 2019 |
| Parties Involved | Business activities |
|---|---|
| MML Funds | MML Funds are private equity funds, providing growth capital to private businesses for expansion, acquisitions, recapitalisations and shareholder reorganisations. MML Funds are managed by MML Growth Capital Partners Ireland Limited. Portfolios managed by funds managed by MML Growth Capital Partners Ireland Limited include Discovery Travel, Parcel Connect, Fastway Couriers, Agenda Communicants, IdentiGEN, SONAS Bathrooms, Ashdale Care and Innovu Limited in the State. |
| Eastland Engineering Supply Co Limited & EES Florida LLP ("EES") | EES provides services associated with the Maintenance, Repair and Overhaul ("MRO) programs of customer owned manufacturing facilities. EES' principal activity is the supply management of engineering parts and other materials, predominately specialising in supporting manufacturing facilities in the food and beverage and the pharmaceutical industries in the State. |
| Economic sector | Media merger |
|---|---|
| MRO services | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Friday, October 25, 2019 | |
| Current status: Completed |
|---|
| Preliminary investigation (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Kathryn MacGuill | Tel: (+353)1 4703692 E-mail: kathrynmacguill@ccpc.ie |
Media enquiries: communications@ccpc.ie
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