M/24/065 – Oaktree Capital/LED Enterprises (ROBUS)
Transaction details
The proposed acquisition by Oaktree Capital LLC, through a special purpose vehicle, of LED Enterprises Limited, has been cleared by the Competition and Consumer Protection Commission.
| Notification date | Decision date |
|---|---|
| Friday November 1, 2024 | Wednesday, November 13, 2024 |
| Parties Involved | Business activities |
|---|---|
| Oaktree Capital LLC | Oaktree Capital Holdings, LLC is indirectly jointly controlled by Oaktree Capital Group Holdings GP, LLC and Brookfield Corporation. Oaktree is a global asset management company. |
| LED Enterprises Limited | LED Enterprises Limited is the parent company of the LED Group. The LED Group's business consists of two key brands: ROBUS and FuseBox. ROBUS provides electrical and lighting products through wholesalers in the UK, Ireland, Europe, the Middle East, Africa, Australia and New Zealand. FuseBox is a provider of circuit protection equipment through an agent network in the UK. |
| Economic sector | Media merger |
|---|---|
| Manufacturing | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Tuesday, November 12, 2024 | |
| Current status: Completed |
|---|
| Cleared (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Maximilian Tipp-McKnight | MaximilianTippMcKnight@ccpc.ie |
Media enquiries: communications@ccpc.ie
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