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Dalmatia WTE EUR Holdings & Covanta Holding 3 UK/Covanta Europe Assets

M/17/071

Completed

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.
Case details
  • Notification date:20 December 2017
  • Publication date:20 December 2017
  • Economic sector:Water, waste & remediation services - E
  • Economic sub-sector:Waste collection & disposal - E.38
  • Outcome:Cleared
Documents
Timetable

Phase One

  • Wednesday, 20 December, 2017 Notification received
  • Monday, 8 January, 2018 Third party submission deadline
  • Tuesday, 30 January, 2018 Determination issued
Parties Involved

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.
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