Intermediate Capital Group/Oak Nation
Transaction details
The proposed acquisition by Intermediate Capital Group Plc of joint control (along with Merrain & Compagnie) of Oak Nation has been cleared by the Competition and Consumer Protection Commission.
Case details
- Notification date:24 January 2024
- Publication date:24 January 2024
- Economic sector:Manufacturing - C
- Economic sub-sector:Manufacture of wood - C.16
- Simplified merger:Yes
- Outcome:Cleared
Documents
M/24/004 Merger AnnouncementPDF | 110 KBM/24/004 Merger Announcement PDF | 110 KB - Opens in new window
M/24/004 DeterminationPDF | 205 KBM/24/004 Determination PDF | 205 KB - Opens in new window
Timetable
Parties Involved
Intermediate Capital Group Plc
Intermediate Capital Group is a global alternative asset manager in structured and private equity, private debt, real assets, and credit, based in the UK with presence in Europe, Asia Pacific and the US.
Merrain & Compagnie
Merrain & Compagnie is the current sole controller of Oak Nation. The Charlois Group carries out a range of activities in the cooperage trade, including selecting oak trees and splitting timber.
Oak Nation
Oak Nation is a direct subsidiary of the Charlois Group. Oak Nation is involved in all phases of barrel production (cooperage) such as forestry, sawmilling operations and stave production and seasoning.
Contacts
Éadaoin Burns eadaoinburns@ccpc.ie
