M/17/064 – Tetrarch / Citywest
Transaction details
The proposed acquisition by Tetrarch Capital Limited, through Alva Glen Holdings Limited, of sole control of Citywest Properties Limited Partnership and of Cape Wrath Hotel Limited, has been cleared by the Competition and Consumer Protection Commission.
| Notification date | Decision date |
|---|---|
| Monday November 20, 2017 | Tuesday, January 30, 2018 |
| Parties Involved | Business activities |
|---|---|
| Tetrarch Capital Limited | Tetrarch is an Irish owned, Dublin based real estate investment and development company that is active in the office sector, retail sector, residential sector, hotel sector, hospitality sector and leisure sector. Alva Glen Holdings Limited is a wholly-owned subsidiary of Tetrarch and the vehicle through which the proposed acquisition will take place. |
| Citywest Properties Limited Partnership | Citywest Properties Limited Partnership owns the properties related to Citywest Hotel, including the hotel itself, certain golf suites (apartments) on the grounds and a nearby disused golf course and undeveloped site. |
| Cape Wrath Hotel Limited | The principal activity of Cape Wrath Hotel Limited is the operation of Citywest Hotel. |
| Economic sector | Media merger |
|---|---|
| Hotel accommodation | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Monday, December 4, 2017 | |
| Date of Requirement for Information | Date Information Received |
|---|---|
| Thursday, December 28, 2017 | Tuesday, January 9, 2018 |
| Current status: Completed |
|---|
| Cleared (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Joseph Walser | Tel: (+353)1 470 3678 e-mail: josephwalser@ccpc.ie |
Media enquiries: doireannsweeney@ccpc.ie
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Competition and Consumer Protection Commission
PO Box 12585, Dublin 1, D01 C576
Tel +353 (0)1 402 5500
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