M/22/024 – Monza BidCo (Elysian) / Parcel Connect
Transaction details
The proposed acquisition by Monza BidCo Limited, an indirect wholly-owned subsidiary of Monza TopCo Limited, which is ultimately controlled by Elysian Capital LLP, of the entire issued share capital and sole control of Parcel Connect Limited has been cleared by the Competition and Consumer Protection Commission.
| Notification date | Decision date |
|---|---|
| Tuesday May 3, 2022 | Thursday, May 19, 2022 |
| Parties Involved | Business activities |
|---|---|
| Monza BidCo Limited | Monza BidCo Limited is an indirect wholly-owned subsidiary of Monza TopCo Limited which is a company incorporated in England by funds managed by Elysian Capital LLP. Elysian Capital LLP is an independent private equity firm focused on the lower mid-market in the United Kingdom and Ireland. |
| Parcel Connect Limited | Parcel Connect Limited trading as Fastway Couriers is active in provision of courier and parcel delivery and collection services in the State. |
| Economic sector | Media merger |
|---|---|
| Transport & Logistics | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Tuesday, May 17, 2022 | |
| 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
Haven’t found what you’re looking for?
Competition and Consumer Protection Commission
PO Box 12585, Dublin 1, D01 C576
Tel +353 (0)1 402 5500
Consumer helpline 01 402 5555