M/14/008 – Fitzwilliam / Wittington Canada / Arnotts
The proposed acquisition of joint control of Arnotts Holdings Limited by Fitzwilliam Finance Partners Limited/Wittington Investments, Limited and Investment Funds Managed by Affiliates of Apollo Management, L.P., has been cleared by the Competition Authority.
|Notification date||Decision date|
|Wednesday March 19, 2014||Tuesday, May 27, 2014|
|Parties Involved||Business activities|
|Fitzwilliam Finance Partners Limited||
Fitzwiliam is a property company founded for the sole purpose of acquiring the debt/equity in Arnotts Holdings Limited, with a view to securing an operator for the main Arnotts store and developing the peripheral properties owned by Arnotts.
|Wittington Investments, Limited||
Wittington Canada is the holding company for the Weston Group, Wittington Properties and the Selfridges Group. The Weston Group owns a number of public and private entities. Wittington Properties has a number of real estate holdings and investment land positions in Canada and the United States. The Selfridges Group owns and operates a number of luxury multi-category retailers worldwide, including Brown Thomas, in Ireland.
|Arnotts Holdings Limited||
Arnotts is a multi-category retailer with a mix of own label and branded products.
|Economic sector||Media merger|
|Non-food retail sector.||No|
|Submissions from third parties due by:|
|Phase 1||Phase 2|
|Monday, March 31, 2014|
|Date of Requirement for Information||Date Information Received|
|Thursday, April 17, 2014||Thursday, April 17, 2014|
|Current status: Completed|
|Cleared (Phase 1)|
|Authorised Officer Assigned||Contact Details|
Tel: 01-804 5396, e-mail: email@example.com
Media enquiries: MKC Communications: 01 7038600