M/25/001 – Oaktree Capital/Automated Technical Controls Limited

Transaction details

The proposed acquisition by Oaktree Capital Holdings, LLC, through its portfolio company, L.E.D. Lighting and Electrical Distribution Group Limited, of the entire issued share capital, and thus sole control, of Automated Technical Controls Limited, has been notified to the Competition and Consumer Protection Commission.

Notification date	Decision date
Tuesday January 7, 2025

Parties Involved	Business activities
Oaktree Capital Holdings, LLC	Oaktree Capital Holdings, LLC is indirectly jointly controlled by Oaktree Capital Group Holdings GP, LLC and Brookfield Corporation. Oaktree Capital Holdings, LLC is a global asset management company. Oaktree Capital Holdings, LLC’s investments in the State include operational retail assets, office development assets, sites for residential development and aparthotels, as well as other distressed assets (e.g. loan and mortgage portfolios and loan origination). Oaktree Capital Holdings, LLC is completing the acquisition through its portfolio company, L.E.D. Lighting and Electrical Distribution Group Limited, which provides electrical and lighting products through wholesalers in the UK, Ireland, Europe, the Middle East, Africa, Australia and New Zealand.
Automated Technical Controls Limited	Automated Technical Controls Limited is an Irish incorporated entity. Automated Technical Controls Limited has the following activities in the State: (a) designing, developing, producing and distributing energy efficient hand dryers, electric heating and ventilation products to the associated electrical and mechanical industry; (b) supplying and distributing automation control products to the industrial manufacturing sector (including sensors, machine vision systems, machine safety controls, PLC’s and servo drive systems including bar code integration); and (c) distributing and supplying renewable energy products and associated electrical accessories for domestic and commercial applications.

Parties Involved

Business activities

Oaktree Capital Holdings, LLC

Oaktree Capital Holdings, LLC is indirectly jointly controlled by Oaktree Capital Group Holdings GP, LLC and Brookfield Corporation. Oaktree Capital Holdings, LLC is a global asset management company. Oaktree Capital Holdings, LLC’s investments in the State include operational retail assets, office development assets, sites for residential development and aparthotels, as well as other distressed assets (e.g. loan and mortgage portfolios and loan origination).

Oaktree Capital Holdings, LLC is completing the acquisition through its portfolio company, L.E.D. Lighting and Electrical Distribution Group Limited, which provides electrical and lighting products through wholesalers in the UK, Ireland, Europe, the Middle East, Africa, Australia and New Zealand.

Automated Technical Controls Limited

Automated Technical Controls Limited is an Irish incorporated entity. Automated Technical Controls Limited has the following activities in the State:
(a) designing, developing, producing and distributing energy efficient hand dryers, electric heating and ventilation products to the associated electrical and mechanical industry;
(b) supplying and distributing automation control products to the industrial manufacturing sector (including sensors, machine vision systems, machine safety controls, PLC’s and servo drive systems including bar code integration); and
(c) distributing and supplying renewable energy products and associated electrical accessories for domestic and commercial applications.

Economic sector	Media merger
Professional Services	No

Submissions from third parties due by:
Phase 1	Phase 2
Wednesday, January 22, 2025

Current status: Active
Simplified Merger Notification

Authorised Officer Assigned	Contact Details
John O'Gorman	johnogorman@ccpc.ie

Media enquiries: communications@ccpc.ie

Return to Merger Notifications

M/25/001 – Oaktree Capital/Automated Technical Controls Limited

Transaction details

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