Skip to Content

Mollydale (Halstonville)/Smorgs (Travelodge)

M/16/052

Completed

Transaction details

The proposed acquisition by Halstonville Limited (which is jointly controlled by The Goldman Sachs Group, Inc. & Piershine Limited), through its wholly owned direct subsidiary Mollydale Limited, of five subsidiaries of Smorgs Limited and the assets of another two Travelodge Hotels (Swords & Belfast), has been cleared by the Competition and Consumer Protection Commission.
Case details
  • Notification date:20 October 2016
  • Publication date:20 October 2016
  • Economic sector:Accommodation & food service - I
  • Economic sub-sector:Accommodation - I.55
  • Outcome:Cleared
Documents
M.16.052 Merger AnnouncementPDF | 208 KB
M.16.052 DeterminationPDF | 697 KB
Timetable

Phase One

  • Friday, 21 October, 2016 Notification received
  • Thursday, 10 November, 2016 Third party submission deadline
  • Monday, 28 November, 2016 Determination issued
Parties Involved

Mollydale Limited

Mollydale Limited is a wholly owned direct subsidiary of Halstonville Limited and is a special purpose vehicle established solely for purposes of the proposed acquisition.

 

Halstonville Limited

Halstonville Limited owns and operates a number of hotels in the State and is jointly controlled by The Goldman Sachs Group (through ELQ VI Investors Limited) and Piershine Limited.

 

Smorgs Limited

Smorgs Limited is involved in ownership and operation of a chain of Travelodge Hotels through a number of subsidiaries, five of which (Smorgs (Ireland) Limited, Smorgs ROI Management Limited, Smorgs Property Holdings Limited, Smorgs (Northern Ireland) Limited and Smorgs (NI) Management Limited) are the subject of the proposed acquisition.

 

Travelodge Hotels Swords and Belfast

The proposed acquisition includes the assets of two other Travelodge Hotels (Swords & Belfast) belonging to Smorgs Limited and/or its subsidiaries.

Contacts
View all mergers

Sign up for the latest news from CCPC