M/17/071 – Dalmatia WTE EUR Holdings & Covanta Holding 3 UK/Covanta Europe Assets
Transaction details
The proposed acquisition by Macquarie Group Limited (through Dalmatia WTE EUR Holdings Limited) and Covanta Holding Corporation (through Covanta Holding 3 UK Limited) of joint control of Covanta Europe Assets Limited (including the Dublin Waste to Energy facility located at Poolbeg in Dublin) has been cleared by the Competition and Consumer Protection Commission.
| Notification date | Decision date |
|---|---|
| Wednesday December 20, 2017 | Tuesday, January 30, 2018 |
| Parties Involved | Business activities |
|---|---|
| Dalmatia WTE EUR Holdings Limited | Dalmatia WTE EUR Holdings Limited is a subsidiary of Green Investment Group Limited within the Macquarie Group, whose ultimate parent is Macquarie Group Limited. Macquarie Group Limited is headquartered and listed on the Sydney-based Australian Securities Exchange. |
| Covanta Holding 3 UK Limited | Covanta Holding 3 UK Limited and Covanta Europe Assets Limited are part of the Covanta Group. Covanta is primarily involved in the waste disposal and energy sectors. Covanta Holding Corporation, the ultimate parent of Covanta, is listed on the New York Stock Exchange. |
| Covanta Europe Assets Limited | Covanta Europe Assets Limited is a direct, wholly-owned, subsidiary of Covanta Holding 3 UK Limited and holds the energy from waste business of the Covanta Group in Ireland, which comprises the Dublin waste to energy facility located at Poolbeg in Dublin. |
| Economic sector | Media merger |
|---|---|
| Waste and Energy Sectors | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Monday, January 8, 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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