Carlyle/The Very Group
Transaction details
The proposed acquisition by The Carlyle Group Inc, indirectly through Bird Bidco Limited, of sole control of VGL Midco Limited, the parent entity to The Very Group Limited, has been cleared by the Competition and Consumer Protection Commission.
Case details
- Notification date:7 November 2025
- Publication date:7 November 2025
- Economic sector:Wholesale & retail trade - G
- Economic sub-sector:Retail trade - G.47
- Simplified merger:Yes
- Outcome:Cleared
Documents
M.25.067 DeterminationPDF | 403 KBM.25.067 Determination PDF | 403 KB - Opens in new window
Timetable
Parties Involved
The Carlyle Group Inc.
The Carlyle Group Inc. is a global alternative asset manager, which manages funds that invest globally across three investment disciplines: (i) Global Private Equity (including corporate private equity, real estate and natural resources funds); (ii) Global Credit (including liquid credit, illiquid credit and real assets credit); and (iii) Investment Solutions (private equity fund of funds program, which include primary fund, secondary and related co-investment activities).
VGL Midco Limited
VGL Midco Limited is the parent company of The Very Group. The Very Group is a multi-brand online retailer and financial services provider. It is the owner and operator of Littlewoods Ireland and Very Ireland, each being online suppliers of clothing, toys, sports and travel equipment, home and garden, appliances, technology, health and beauty and jewellery.
Contacts
Lucy Roche
