Oaktree Capital/Automated Technical Controls
Transaction details
The proposed acquisition by Oaktree Capital Holdings, LLC, through its portfolio company, L.E.D. Lighting and Electrical Distribution Group Limited, of the entire issued share capital, and thus sole control, of Automated Technical Controls Limited, has been cleared by the Competition and Consumer Protection Commission.
- Notification date:7 January 2025
- Publication date:7 January 2025
- Economic sector:Manufacturing - C
- Economic sub-sector:Manufacture of electrical equipment - C.27
- Simplified merger:Yes
- Outcome:Cleared
Oaktree Capital Holdings LLC
Oaktree Capital Holdings, LLC is indirectly jointly controlled by Oaktree Capital Group Holdings GP, LLC and Brookfield Corporation. Oaktree Capital Holdings, LLC is a global asset management company. Oaktree Capital Holdings, LLC’s investments in the State include operational retail assets, office development assets, sites for residential development and aparthotels, as well as other distressed assets (e.g. loan and mortgage portfolios and loan origination).
Oaktree Capital Holdings, LLC is completing the acquisition through its portfolio company, L.E.D. Lighting and Electrical Distribution Group Limited, which provides electrical and lighting products through wholesalers in the UK, Ireland, Europe, the Middle East, Africa, Australia and New Zealand.
