M/11/011 – Duke Street / Hutton Collins / Lion/Katsu / JV
Transaction details
The Competition Authority has cleared the proposed acquisition of joint control of Lion/Katsu Investments S.á.r.l by Duke Street General Partner Limited and Duke Street Gestion S.á.r.l together with Hutton Collins Capital Partners III Limited Partnership, through a newly incorporated company, Mabel Bidco Limited.
| Notification date | Decision date | 
|---|---|
| Thursday March 24, 2011 | Thursday, April 14, 2011 | 
| Parties Involved | Business activities | 
|---|---|
| Duke Street General Partner Limited | Duke Street is a private equity company, with offices in the UK and France. The Duke Street group manages a range of 10-year funds. These funds are currently invested in portfolio companies across various sectors of industry and services including: business services, healthcare, leisure and retail, consumer and food and industrial. | 
| Hutton Collins Capital Partners III Limited Partnership | Hutton Collins invests preferred capital in unquoted companies based in Western Europe. It invests in various sectors including IT, coffee shops, textiles, satellite services, marketing and healthcare. | 
| Lion/Katsu Investments S.á.r.l | Lion/Katsu is involved in operating a chain of Japanese-style noodle bars and licensing third parties to operate Japanese-style noodle bars under the name Wagamama. | 
| Economic sector | Media merger | 
|---|---|
| Restaurant sector | No | 
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 | 
| Sunday, April 3, 2011 | |
| Current status: Completed | 
|---|
| Cleared (Phase 1) | 
| Authorised Officer Assigned | Contact Details | 
|---|---|
| Andrew Rae | Tel: 01-804 5420, email: ar@tca.ie | 
Media enquiries: MKC Communications: 01 7038600
