M-21-031 Glennon Brothers/Balcas
The proposed acquisition by Glennon Bros UK Holdings Ltd of the entire issued share capital of Balcas Limited has been notified to the Competition and Consumer Protection Commission.
|Notification date||Decision date|
|Wednesday June 23, 2021|
|Parties Involved||Business activities|
|Glennon Bros UK Holdings Ltd||
Glennon Bros UK Holdings Ltd is a wholly owned subsidiary of Glennon Bros Holdings Ltd.
Glennon Bros UK Holdings Ltd is active in the Irish timber processing industry with four timber processing facilities: in Longford and Fermoy in Ireland; and Humbie and Troon in Scotland. Glennon Bros UK Holdings Ltd supplies sawn timber products into a number of market sectors, including: the Irish and UK construction sector; the pallet & packaging case manufacturing sector; the fencing & landscaping sector; the timber frame homes manufacturing sector, as well as the residue sectors for sawmill co-products.
Glennon Bros UK Holdings Ltd provide timber frame homes and engineered roof trusses, through two timber frame home manufacturing facilities: Dempsey Timber Engineering, in Arklow, Ireland; and Alexanders Timber Design, in Troon, Scotland.
Balcas Limited is a wholly owned subsidiary of SHV Energy (LPG) Holdings BV.
Balcas Limited is incorporated in Northern Ireland, based in Enniskillen, Co. Fermanagh and operates in markets in Ireland and the UK. Balcas Limited is split into two primary units, Balcas Timber and Balcas Energy, producing sawn timber products, wood pellets and generating green electricity & heat.
At its Enniskillen site, Balcas Limited has its sawmilling operations and produces sawn timber products for the fencing & landscaping, construction, agricultural, and pallet & packaging sectors.
In addition to the sawmill operation, Balcas Limited operates two renewable energy plants at Enniskillen and Invergordon, Scotland, which incorporate combined heat and power plants (CHP) and wood pellet plants producing pellets for a variety of end markets.
|Economic sector||Media merger|
|Submissions from third parties due by:|
|Phase 1||Phase 2|
|Wednesday, July 7, 2021|
|Current status: Active|
|Further information required (Phase 1)|
|Authorised Officer Assigned||Contact Details|
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