M/24/004 – Intermediate Capital Group/Merrain&Compagnie/Oak Nation
Transaction details
The proposed acquisition by Intermediate Capital Group Plc of joint control (along with Merrain & Compagnie) of Oak Nation has been cleared by the Competition and Consumer Protection Commission.
| Notification date | Decision date |
|---|---|
| Wednesday January 24, 2024 | Friday, February 9, 2024 |
| Parties Involved | Business activities |
|---|---|
| Intermediate Capital Group Plc | Intermediate Capital Group is a global alternative asset manager in structured and private equity, private debt, real assets, and credit, based in the UK with presence in Europe, Asia Pacific and the US. |
| Merrain & Compagnie | Merrain & Compagnie is the current sole controller of Oak Nation. The Charlois Group carries out a range of activities in the cooperage trade, including selecting oak trees and splitting timber. |
| Oak Nation | Oak Nation is a direct subsidiary of the Charlois Group. Oak Nation is involved in all phases of barrel production (cooperage) such as forestry, sawmilling operations and stave production and seasoning. |
| Economic sector | Media merger |
|---|---|
| Agriculture, Forestry and Fishing (primary and processing) | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Wednesday, February 7, 2024 | |
| Current status: Completed |
|---|
| Cleared (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Éadaoin Burns | eadaoinburns@ccpc.ie |
Media enquiries: communications@ccpc.ie
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