M/20/029 – Brookfield (Greenergy)/Amber Oil
Transaction details
The proposed acquisition by Greenergy International Limited of Amber Oil Products Unlimited Company has been cleared by the Competition and Consumer Protection Commission.
| Notification date | Decision date |
|---|---|
| Friday September 25, 2020 | Tuesday, January 26, 2021 |
| Parties Involved | Business activities |
|---|---|
| Brookfield | Brookfield Business Partners LP (BBP) is the listed vehicle through which Brookfield Asset Management Inc. (Brookfield) owns and operates the business services and industrial operations of its private equity group. Brookfield’s capital is invested in its four listed partnerships: (i) Brookfield Property Partners; (ii) Brookfield Infrastructure Partners; (iii) Brookfield Renewable Partners; and (iv) BBP. BBP has a controlling interest in Greenergy International Limited. |
| Greenergy International Limited | Greenergy is active in the importation, storage, blending and transportation of refined oil fuels to wholesale customers in the UK. Greenergy is also active in the production and blending of biofuels. In the State, Greenergy, through Inver Energy Limited, is active in the supply of fuel terminalling, the non-retail supply of refined oil products, retail supply of motor fuel, and the retail sale of convenience goods through forecourt convenience stores located at Inver fuel stations. |
| Amber Oil Products Unlimited Company | Amber is a family-run fuel company predominantly based in Munster. Amber makes a small amount of non-retail sales of fuel products in the State and sells motor fuels directly to retail customers via its network of retail service stations and kerbside pumps. Amber also sells home heating oil, agricultural and off-road diesel and road diesel directly to customers. |
| Economic sector | Media merger |
|---|---|
| Energy | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Friday, October 9, 2020 | |
| Current status: Completed |
|---|
| Cleared (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Louis O'Carroll | louisocarroll@ccpc.ie |
Media enquiries: communications@ccpc.ie
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