M/20/019 - Experience Technology/CG Power
Transaction details
The proposed acquisition by Experience Technology Nominees Limited, a firm ultimately controlled by the MML Funds (managed by MML Growth Capital Partners Ireland Limited), of sole control of CG Power Systems Ireland Limited has been cleared by the Competition and Consumer Protection Commission.
Notification date | Decision date |
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Wednesday July 1, 2020 | Tuesday, July 21, 2020 |
Parties Involved | Business activities |
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Experience Technology Nominees Limited | Experience Technology Nominees Limited ("Experience Technology"), is a private limited company incorporated in Ireland, established for the purposes of the Proposed Transaction. Experience Technology is ultimately controlled by the MML Funds which are private equity funds, providing growth capital to private businesses on the island of Ireland for expansion, acquisitions, recapitalisations and shareholder reorganisations. |
CG Power Systems Ireland Limited | CG Power Systems Ireland Limited, is a designer, manufacturer and supplier of electrical transformers and related products used in the distribution grid, industrial and renewable settings. |
Economic sector | Media merger |
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Manufacture | No |
Submissions from third parties due by: |
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Phase 1 | Phase 2 |
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Tuesday, July 14, 2020 | |
Current status: Completed |
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Cleared (Phase 1) |
Authorised Officer Assigned | Contact Details |
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Dineo Mashego | Tel: +353 1470 3607 Email: dineomashego@ccpc.ie |