M/23/005 – John Laing/Towercom
Transaction details
The proposed acquisition by John Laing Group Limited of the entire issued share capital of ALS Telecom Limited, including its subsidiary Towercom Limited has been cleared by the Competition and Consumer Protection Commission.
| Notification date | Decision date |
|---|---|
| Tuesday January 31, 2023 | Wednesday, May 31, 2023 |
| Parties Involved | Business activities |
|---|---|
| John Laing Group Limited | John Laing Group Limited is an international investor and asset manager, with operations in seven countries. John Laing Group Limited has invested in projects in the UK and Europe, North America, Latin America and Australia, and does not currently have any investments in the State. John Laing Group Limited is indirectly controlled by KKR, a global investment firm that offers alternative asset management as well as capital markets and insurance solutions. |
| Towercom Limited | Towercom Limited is an independent wireless infrastructure provider with a nationwide portfolio of telecommunication towers. Towercom Limited lease space on its towers for communications providers to place their active network equipment. |
| Economic sector | Media merger |
|---|---|
| Information and Communications | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Wednesday, February 15, 2023 | |
| Date of Requirement for Information | Date Information Received |
|---|---|
| Friday, April 21, 2023 |
| Current status: Completed |
|---|
| Cleared (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Marie-Claire Long | Email: MarieClaireLong@ccpc.ie Phone: 086 0851552 |
Media enquiries: communications@ccpc.ie
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Competition and Consumer Protection Commission
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