Apollo/Tifco
Transaction details
The proposed acquisition by Trident Bidco Designated Activity Company of sole control of Bohrmount Limited, Cherrybeach Limited, Octavale Limited and Rhomway Limited, has been cleared by the Competition and Consumer Protection Commission.
Case details
- Notification date:9 September 2018
- Publication date:9 September 2018
- Economic sector:Accommodation & food service - I
- Economic sub-sector:Accommodation - I.55
- Outcome:Cleared
Documents
M.18.076 Merger AnnouncementPDF | 137 KBM.18.076 Merger Announcement PDF | 137 KB - Opens in new window
M.18.076 DeterminationPDF | 288 KBM.18.076 Determination PDF | 288 KB - Opens in new window
Timetable
Parties Involved
Trident Bidco DAC
Trident Bidco DAC is ultimately owned and controlled by investment funds managed by affiliates of Apollo Capital Management L.P.
Investment funds managed by affiliates of Apollo Capital Management L.P. invest in equity and debt securities issued by companies involved in various businesses. Examples of current investments include, companies in the chemical, cruise line, hospital, security, financial and glass packing businesses.
Target Companies
The Target Companies, i.e., Bohrmount Limited, Cherrybeach Limited, Octavale Limited and Rhomway Limited, have been incorporated for the purposes of the Proposed Transaction and, collectively, are the holding companies for the majority of the business and assets of the Tifco Hotel Group. The Target Companies are active in the supply of hotel accommodation and related services within the State.
Contacts
Emily Thornton emilythornton@ccpc.ie
