The proposed acquisition by Erpe Bidco Limited, which is ultimately controlled by The Carlyle Group, of the entire shareholding and thus sole control of Betafence Holding NV, trading as Praesidiad, has been cleared by the Competition and Consumer Protection Commission.
Notification date | Decision date |
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Friday August 11, 2017 | Friday, September 8, 2017 |
Parties Involved | Business activities |
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Erpe Bidco Limited | Erpe Bidco is a special acquisition vehicle ultimately indirectly controlled by The Carlyle Group L.P. |
The Carlyle Group L.P. | The Carlyle Group is a global asset manager, which manages funds globally across four investment disciplines and which has a number of portfolio companies controlled by funds under its management in the State. |
Betafence Holding NV | Betafence Holding trades as Praesidiad and is a worldwide provider of force protection (security) solutions, industrial mesh, wire products and fencing products. |
Economic sector | Media merger |
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Security sector | No |
Submissions from third parties due by: | |
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Phase 1 | Phase 2 |
Friday, August 25, 2017 |
Current status: Completed |
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Cleared (Phase 1) |
Authorised Officer Assigned | Contact Details |
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Joseph Walser | Tel: (+353)1 470 3678 e-mail: josephwalser@ccpc.ie |