M/18/078 – Tetrarch / Seed Portfolio Hotels
Transaction details
The proposed acquisition by Tetrarch Group Limited of the following trading assets: Citywest Hotel; Powerscourt Hotel Resort and Spa; Killashee Hotel & Spa; and, Mount Juliet Estate and Golf Club has been cleared by the Competition and Consumer Protection Commission.
| Notification date | Decision date |
|---|---|
| Friday September 14, 2018 | Monday, October 22, 2018 |
| Parties Involved | Business activities |
|---|---|
| Tetrarch Group Limited | Tetrarch Group Limited is a recently formed Irish real estate investment company that intends to acquire hospitality trading and development assets in Ireland. |
| Target Assets | The Target Assets to be acquired are as follows: Citywest Hotel, a four star hotel, located in Saggart, Co. Dublin; Powerscourt Hotel Resort and Spa, a five star luxury hotel located in Enniskerry, Co. Wicklow; Killashee Hotel & Spa, a four star hotel, located in Killashee, Co. Kildare; and, Mount Juliet Estate and Golf Club, a luxury country estate, located in Thomastown, Co. Kilkenny |
| Economic sector | Media merger |
|---|---|
| Hotel Sector | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Monday, October 1, 2018 | |
| Current status: Completed |
|---|
| Cleared (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Tommy Burke | Tel: (+353)1 402 5503 E-mail: tommyburke@ccpc.ie |
Media enquiries: communications@ccpc.ie
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Competition and Consumer Protection Commission
PO Box 12585, Dublin 1, D01 C576
Tel +353 (0)1 402 5500
Consumer helpline 01 402 5555