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Fitzwilliam/Wittington Canada/Arnotts

M/14/008

Completed

Transaction details

The proposed acquisition of joint control of Arnotts Holdings Limited by Fitzwilliam Finance Partners Limited/Wittington Investments, Limited and Investment Funds Managed by Affiliates of Apollo Management, L.P., has been cleared by the Competition Authority.
Case details
  • Notification date:19 March 2014
  • Publication date:19 March 2014
  • Economic sector:Wholesale & retail trade - G
  • Economic sub-sector:Retail trade - G.47
  • Request for information:Yes
  • Outcome:Cleared
Documents
Timetable

Phase One

  • Wednesday, 19 March, 2014 Notification received
  • Monday, 31 March, 2014 Third party submission deadline
  • Thursday, 17 April, 2014 Further information required
  • Tuesday, 29 April, 2014 Further information received
  • Tuesday, 27 May, 2014 Determination issued
Parties Involved

Fitzwilliam Finance Partners Limited

Fitzwiliam is a property company founded for the sole purpose of acquiring the debt/equity in Arnotts Holdings Limited, with a view to securing an operator for the main Arnotts store and developing the peripheral properties owned by Arnotts.

 

Wittington Investments, Limited

Wittington Canada is the holding company for the Weston Group, Wittington Properties and the Selfridges Group. The Weston Group owns a number of public and private entities. Wittington Properties has a number of real estate holdings and investment land positions in Canada and the United States. The Selfridges Group owns and operates a number of luxury multi-category retailers worldwide, including Brown Thomas, in Ireland.

 

Arnotts Holdings Limited

Arnotts is a multi-category retailer with a mix of own label and branded products.

Contacts
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