John Laing/Towercom
Transaction details
The proposed acquisition by John Laing Group Limited of the entire issued share capital of ALS Telecom Limited, including its subsidiary Towercom Limited has been cleared by the Competition and Consumer Protection Commission.
Case details
- Notification date:31 January 2023
- Publication date:31 January 2023
- Economic sector:Telecom & IT service activities - K
- Economic sub-sector:Telecommunication - K.61
- Request for information:Yes
- Outcome:Cleared
Documents
M.23.005 Merger AnnouncementPDF | 138 KBM.23.005 Merger Announcement PDF | 138 KB - Opens in new window
M.23.005 DeterminationPDF | 385 KBM.23.005 Determination PDF | 385 KB - Opens in new window
Timetable
Parties Involved
John Laing Group Limited
John Laing Group Limited is an international investor and asset manager, with operations in seven countries. John Laing Group Limited has invested in projects in the UK and Europe, North America, Latin America and Australia, and does not currently have any investments in the State.
John Laing Group Limited is indirectly controlled by KKR, a global investment firm that offers alternative asset management as well as capital markets and insurance solutions.
Towercom Limited
Towercom Limited is an independent wireless infrastructure provider with a nationwide portfolio of telecommunication towers. Towercom Limited lease space on its towers for communications providers to place their active network equipment.
Contacts
Marie-Claire Long marieclairelong@ccpc.ie
