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 CCPC.
Case details
- Notification date:30 June 2020
- Publication date:30 June 2020
- Economic sector:Manufacturing - C
- Economic sub-sector:Manufacture of electrical equipment - C.27
- Simplified merger:Yes
- Outcome:Cleared
Documents
M.20.019 Merger AnnouncementPDF | 242 KBM.20.019 Merger Announcement PDF | 242 KB - Opens in new window
M.20.019 DeterminationPDF | 303 KBM.20.019 Determination PDF | 303 KB - Opens in new window
Timetable
Parties Involved
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.
Contacts
Dineo Mashego dineomashego@ccpc.ie
