M/12/001 – OEP / Sonneborn
Transaction details
The proposed acquisition by One Equity Partners IV, L.P. (OEP) of Sonneborn Refined Products B.V. and Sonneborn Inc. (Sonneborn) has been cleared by the Competition Authority.
| Notification date | Decision date |
|---|---|
| Tuesday February 28, 2012 | Thursday, March 22, 2012 |
| Parties Involved | Business activities |
|---|---|
| One Equity Partners IV, L.P. | OEP is the private investment arm of JP Morgan Chase, managing investments and commitments for the group in direct private investment transactions. |
| Sonneborn Refined Products B.V. | Sonneborn is a global manufacturer and marketer of refined speciality hydrocarbons, which are a by-product of crude oil refining. Sonneborn sells white oil, petrolatum and microcrystalline waxes to customers in Ireland. |
| Sonneborn Inc. | . |
| Economic sector | Media merger |
|---|---|
| The targets manufacture and market speciality hydrocarbons refined from base oils. | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Friday, March 9, 2012 | |
| Current status: Completed |
|---|
| Cleared (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Barry O'Donnell | Tel: 01-804 5396, email: bod@tca.ie |
Media enquiries: MKC Communications: 01 7038600
