Anchorage/Ideal Standard
Transaction details
The proposed acquisition by funds managed by Anchorage Capital Group, L.L.C. of sole control over Ideal Standard International S.A. has been cleared by the Competition and Consumer Protection Commission.
Case details
- Notification date:1 February 2018
- Publication date:1 February 2018
- Economic sector:Manufacturing - C
- Economic sub-sector:Non-metallic mineral products - C.23
- Outcome:Cleared
Documents
M.18.011 Merger AnnouncementPDF | 106 KBM.18.011 Merger Announcement PDF | 106 KB - Opens in new window
M.18.011 DeterminationPDF | 221 KBM.18.011 Determination PDF | 221 KB - Opens in new window
Timetable
Parties Involved
Anchorage Capital Group, L.L.C.
Anchorage Capital Group, L.L.C. is a New York based registered investment adviser founded in 2003. The firm manages private investment funds across the credit, special situations and illiquid investment markets of North America and Europe, with particular focus on defaulted and leveraged issuers. Anchorage Capital Group L.L.C's activities in Ireland are primarily in the telecommunications sphere.
Ideal Standard International S.A.
Ideal Standard International S.A. is a privately owned company with corporate headquarters in Zaventem near Brussels, Belgium. The company manufactures and supplies bathroom and kitchen products. It operates 18 manufacturing sites and services over 60 countries in Europe, the Middle East and Africa.
Contacts
Han Nie hannie@ccpc.ie
