M/25/067 – Carlyle/The Very Group
Transaction details
The proposed acquisition by The Carlyle Group Inc, indirectly through Bird Bidco Limited, of sole control of VGL Midco Limited, the parent entity to The Very Group Limited, has been notified to the Competition and Consumer Protection Commission.
| Notification date | Decision date |
|---|---|
| Tuesday October 28, 2025 | |
| Parties Involved | Business activities |
|---|---|
| The Carlyle Group Inc. | The Carlyle Group Inc. is a global alternative asset manager, which manages funds that invest globally across three investment disciplines: (i) Global Private Equity (including corporate private equity, real estate and natural resources funds); (ii) Global Credit (including liquid credit, illiquid credit and real assets credit); and (iii) Investment Solutions (private equity fund of funds program, which include primary fund, secondary and related co-investment activities). |
| VGL Midco Limited | VGL Midco Limited is the parent company of The Very Group. The Very Group is a multi-brand online retailer and financial services provider. It is the owner and operator of Littlewoods Ireland and Very Ireland, each being online suppliers of clothing, toys, sports and travel equipment, home and garden, appliances, technology, health and beauty and jewellery. |
| Economic sector | Media merger |
|---|---|
| Online Retail | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Thursday, November 6, 2025 | |
| Current status: Active |
|---|
| Simplified Merger Notification |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Lucy Roche | lucyroche@ccpc.ie |
Media enquiries: communications@ccpc.ie
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