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Glennon Brothers/Balcas

M/21/031

Completed

Transaction details

The proposed acquisition by Glennon Bros UK Holdings Ltd of the entire issued share capital of Balcas Limited has been cleared by the Competition and Consumer Protection Commission.
Case details
  • Notification date:22 June 2021
  • Publication date:22 June 2021
  • Economic sector:Manufacturing - C
  • Economic sub-sector:Manufacture of wood - C.16
  • Request for information:Yes
  • Outcome:Cleared
Documents
Timetable

Phase One

  • Wednesday, 23 June, 2021 Notification received
  • Wednesday, 7 July, 2021 Third party submission deadline
  • Friday, 30 July, 2021 Further information required
  • Monday, 6 September, 2021 Further information received
  • Monday, 11 October, 2021 Determination issued
Parties Involved

Glennon Bros UK Holdings Ltd

Glennon Bros UK Holdings Ltd is a wholly owned subsidiary of Glennon Bros Holdings Ltd.

Glennon Bros UK Holdings Ltd is active in the Irish timber processing industry with four timber processing facilities: in Longford and Fermoy in Ireland; and Humbie and Troon in Scotland. Glennon Bros UK Holdings Ltd supplies sawn timber products into a number of market sectors, including: the Irish and UK construction sector; the pallet & packaging case manufacturing sector; the fencing & landscaping sector; the timber frame homes manufacturing sector, as well as the residue sectors for sawmill co-products.

Glennon Bros UK Holdings Ltd provide timber frame homes and engineered roof trusses, through two timber frame home manufacturing facilities: Dempsey Timber Engineering, in Arklow, Ireland; and Alexanders Timber Design, in Troon, Scotland. Glennon Bros UK Holdings Ltd also provides forestry management services and advice to forest growers.

 

Balcas Limited

Balcas Limited is a wholly owned subsidiary of SHV Energy (LPG) Holdings BV.

Balcas Limited is incorporated in Northern Ireland, based in Enniskillen, Co. Fermanagh and operates in markets in Ireland and the UK. Balcas Limited is split into two primary units, Balcas Timber and Balcas Energy, producing sawn timber products, wood pellets and generating green electricity & heat.

At its Enniskillen site, Balcas Limited has its sawmilling operations and produces sawn timber products for the fencing & landscaping, construction, agricultural, and pallet & packaging sectors. In addition to the sawmill operation, Balcas Limited operates two renewable energy plants at Enniskillen and Invergordon, Scotland, which incorporate combined heat and power plants (CHP) and wood pellet plants producing pellets for a variety of end markets.

Contacts
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