M/21/039 – CBRE/Turner & Townsend
Transaction details
The proposed acquisition by CBRE Group, Inc. of an indirect controlling interest in Turner & Townsend Holdings Limited has been cleared by the Competition and Consumer Protection Commission.
| Notification date | Decision date |
|---|---|
| Friday July 30, 2021 | Tuesday, August 17, 2021 |
| Parties Involved | Business activities |
|---|---|
| CBRE Group, Inc. | CBRE Group, Inc. is a commercial real estate services and investment firm. CBRE Group, Inc. offers a range of services to occupiers, owners, lenders and investors in commercial real estate, including office, retail, and industrial real estate. |
| Turner & Townsend Holdings Limited | Turner & Townsend Holdings limited is the holding company for the Turner & Townsend group of companies, of which the principal operating company is Turner & Townsend Limited, a UK-incorporated company based in Leeds. It is active in the supply of construction and management consultancy services, specialising in advising customers in the real estate, infrastructure and natural resources sectors. |
| Economic sector | Media merger |
|---|---|
| Real Estate Services | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Monday, August 16, 2021 | |
| Current status: Completed |
|---|
| Cleared (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Harry Costello | harrycostello@ccpc.ie |
Media enquiries: communications@ccpc.ie
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