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Irish Competition Authority Decisions
You are here: BAILII >> Databases >> Irish Competition Authority Decisions >> M/16/052 - Mollydale (Halstonville) / Smorgs (Travelodge) [2016] IECompA m16052 (28 November 2016)
URL: http://www.bailii.org/ie/cases/IECompA/2016/m16052.html
Cite as: [2016] IECompA m16052
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M/16/052 - Mollydale (Halstonville) / Smorgs (Travelodge)
Page Attachments
M-16-052 Determination Halstonville_Smorgs subsidiaries et alM-16-052 Merger Announcement - Halstonville_Smorgs subsidiaries et al (Travelodge Hotels)
Transaction details
The proposed acquisition by Halstonville Limited (which is jointly controlled by The Goldman Sachs Group, Inc. & Piershine Limited), through its wholly owned direct subsidiary Mollydale Limited, of five subsidiaries of Smorgs Limited and the assets of another two Travelodge Hotels (Swords & Belfast), has been cleared by the Competition and Consumer Protection Commission.
| Notification date | Decision date |
|---|---|
| Friday October 21, 2016 | Monday, November 28, 2016 |
| Parties Involved | Business activities |
|---|---|
| Mollydale Limited | Mollydale Limited is a wholly owned direct subsidiary of Halstonville Limited and is a special purpose vehicle established solely for purposes of the proposed acquisition. |
| Halstonville Limited | Halstonville Limited owns and operates a number of hotels in the State and is jointly controlled by The Goldman Sachs Group (through ELQ VI Investors Limited) and Piershine Limited. |
| Smorgs Limited | Smorgs Limited is involved in ownership and operation of a chain of Travelodge Hotels through a number of subsidiaries, five of which (Smorgs (Ireland) Limited, Smorgs ROI Management Limited, Smorgs Property Holdings Limited, Smorgs (Northern Ireland) Limited and Smorgs (NI) Management Limited) are the subject of the proposed acquisition. |
| Travelodge Hotels Swords and Belfast | The proposed acquisition includes the assets of two other Travelodge Hotels (Swords & Belfast) belonging to Smorgs Limited and/or its subsidiaries. |
| Economic sector | Media merger |
|---|---|
| Hotel and hospitality sector | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Thursday, November 10, 2016 | |
| Current status: Completed |
|---|
| Cleared (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Joseph Walser | Tel: (+353) 1 470 3678 E-mail: josephwalser@ccpc.ie |