M/20/022 Greencastle / Maximum Media Network
Transaction details
The proposed transaction whereby Greencastle Acquisition Limited will acquire sole control of Maximum Media Network Limited has been cleared by the Competition and Consumer Protection Commission.
| Notification date | Decision date |
|---|---|
| Monday July 27, 2020 | Friday, August 14, 2020 |
| Parties Involved | Business activities |
|---|---|
| Greencastle Acquisition Limited | Greencastle Acquisition Limited is a private equity investment firm based in the UK which is ultimately controlled by David Sefton. David Sefton controls an existing media business outside Ireland through his ownership of The London Economic in the UK. The London Economic does not make any sales to customers in Ireland. |
| Maximum Media Network Limited | Maximum Media Network Limited is an independent digital media company which operates a collection of digital media websites and lifestyle channels, mainly under the JOE and HER brands in the State. |
| Economic sector | Media merger |
|---|---|
| Media | Yes |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Tuesday, August 11, 2020 | |
| Current status: Completed |
|---|
| Simplified Merger Notification |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Susan Whelan | Email: susanwhelan@ccpc.ie |
Media enquiries: communications@ccpc.ie
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