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
Wednesday July 1, 2020 Tuesday, July 21, 2020
Parties Involved Business activities
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
Manufacture No
Submissions from third parties due by:
Phase 1 Phase 2
Tuesday, July 14, 2020
Current status: Completed
Cleared (Phase 1)
Authorised Officer Assigned Contact Details
Dineo Mashego

Tel: +353 1470 3607
Email: dineomashego@ccpc.ie

Media enquiries: communications@ccpc.ie

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