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Monza BidCo (Elysian)/Parcel Connect

M/22/024

Completed

Transaction details

The proposed acquisition by Monza BidCo Limited, an indirect wholly-owned subsidiary of Monza TopCo Limited, which is ultimately controlled by Elysian Capital LLP, of the entire issued share capital and sole control of Parcel Connect Limited has been cleared by the Competition and Consumer Protection Commission.
Case details
  • Notification date:2 May 2022
  • Publication date:2 May 2022
  • Economic sector:Transportation & storage - H
  • Economic sub-sector:Postal and courier activities - H.53
  • Simplified merger:Yes
  • Outcome:Cleared
Documents
Timetable

Phase One

  • Tuesday, 3 May, 2022 Notification received
  • Tuesday, 17 May, 2022 Third party submission deadline
  • Thursday, 19 May, 2022 Determination issued
Parties Involved

Monza BidCo Limited

Monza BidCo Limited is an indirect wholly-owned subsidiary of Monza TopCo Limited which is a company incorporated in England by funds managed by Elysian Capital LLP. Elysian Capital LLP is an independent private equity firm focused on the lower mid-market in the United Kingdom and Ireland.

 

Parcel Connect Limited

Parcel Connect Limited trading as Fastway Couriers is active in provision of courier and parcel delivery and collection services in the State.

Contacts
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