Notification M/18/047 – Cube Transportation (ISQ)/TIP Holdings
Transaction details
The proposed acquisition of sole control of Global TIP Holdings One BV, and its subsidiary undertakings, by Cube Transportation Europe Cooperatief UA has been cleared by the Competition and Consumer Protection Commission.
| Notification date | Decision date |
|---|---|
| Thursday May 31, 2018 | Thursday, June 21, 2018 |
| Parties Involved | Business activities |
|---|---|
| Global TIP Holdings One BV | Global TIP Holdings One BV ultimately owns TIP Trailer Services Ireland Limited. TIP is a provider of used trailer sales, trailer leasing, rental and maintenance services. TIP operates one branch and workshop facility in Ireland, located at the Airport Business Park in Dublin. |
| Cube Transportation Europe Cooperatief UA | Cube Transportation Europe Cooperatief UA is ultimately owned by I Squared Capital Advisors LLC (ISQ), an independent global infrastructure investment manager. ISQ owns Viridan Group Holdings Limited, an energy company active in the State (under the Energia brand) and in Northern Ireland (under the Power NI brand). Viridian has interests across renewable and thermal power generation and the retail supply of gas and electricity. |
| Economic sector | Media merger |
|---|---|
| Transport & Logistics | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Monday, June 18, 2018 | |
| Current status: Completed |
|---|
| Cleared (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Han Nie | Tel: 01 - 4703664 |
Media enquiries: communications@ccpc.ie
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