M/10/041 – Pilgrim (Oaktree Group) / MHL & MCL

Transaction details

The proposed acquisition of McInerney Homes Limited (MHL) and McInerney Contracting Limited (MCL) by Pilgrim S.á.r.l. (Pilgrim), part of the Oaktree Capital Management investment group (Oaktree Group), has been notified to the Competition Authority.

Notification date Decision date
Wednesday November 24, 2010 Friday, December 3, 2010
Parties Involved Business activities
Pilgrim / Oaktree Group

Pilgrim is part of the Oaktree Group, whose core activity focuses on investments in specialised private equity, distressed debt, high yield and convertible bonds, emerging market and Japanese securities, real estate, and mezzanine finance.

McInerney Homes Limited

MHL is active in the construction industry.

McInerney Contracting Limited

MCL is a general contracting company, which caters for the public and private sectors, encompassing housing, commercial, retail, industrial, office, leisure and educational developments.

Economic sector Media merger
Construction and related services No
Submissions from third parties due by:
Phase 1 Phase 2
Monday, November 29, 2010
Current status: Completed
Cleared (Phase 1)
Authorised Officer Assigned Contact Details
Mr. Barry O'Donnell

Tel: 01-804 5396, email: bod@tca.ie

Media enquiries: MKC Communications: 01 7038600

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