M/23/005 – John Laing/Towercom

Transaction details

The proposed acquisition by John Laing Group Limited of the entire issued share capital of ALS Telecom Limited, including its subsidiary Towercom Limited has been cleared by the Competition and Consumer Protection Commission.

Notification date Decision date
Tuesday January 31, 2023 Wednesday, May 31, 2023
Parties Involved Business activities
John Laing Group Limited

John Laing Group Limited is an international investor and asset manager, with operations in seven countries. John Laing Group Limited has invested in projects in the UK and Europe, North America, Latin America and Australia, and does not currently have any investments in the State.

John Laing Group Limited is indirectly controlled by KKR, a global investment firm that offers alternative asset management as well as capital markets and insurance solutions.

Towercom Limited

Towercom Limited is an independent wireless infrastructure provider with a nationwide portfolio of telecommunication towers. Towercom Limited lease space on its towers for communications providers to place their active network equipment.

Economic sector Media merger
Information and Communications No
Submissions from third parties due by:
Phase 1 Phase 2
Wednesday, February 15, 2023
Date of Requirement for Information Date Information Received
Friday, April 21, 2023
Current status: Completed
Cleared (Phase 1)
Authorised Officer Assigned Contact Details
Marie-Claire Long

Email: MarieClaireLong@ccpc.ie

Phone: 086 0851552

Media enquiries: communications@ccpc.ie

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