Oaktree Capital/LED Enterprises (ROBUS)
Transaction details
The proposed acquisition by Oaktree Capital LLC, through a special purpose vehicle, of LED Enterprises Limited, has been cleared by the Competition and Consumer Protection Commission.
Case details
- Notification date:1 November 2024
- Publication date:1 November 2024
- Economic sector:Wholesale & retail trade - G
- Economic sub-sector:Wholesale trade - G.46
- Simplified merger:Yes
- Outcome:Cleared
Documents
M.24.065 Merger AnnouncementPDF | 157 KBM.24.065 Merger Announcement PDF | 157 KB - Opens in new window
M.24.065 DeterminationPDF | 243 KBM.24.065 Determination PDF | 243 KB - Opens in new window
Timetable
Parties Involved
Oaktree Capital LLC
Oaktree Capital Holdings, LLC is indirectly jointly controlled by Oaktree Capital Group Holdings GP, LLC and Brookfield Corporation. Oaktree is a global asset management company.
LED Enterprises Limited
LED Enterprises Limited is the parent company of the LED Group. The LED Group's business consists of two key brands: ROBUS and FuseBox. ROBUS provides electrical and lighting products through wholesalers in the UK, Ireland, Europe, the Middle East, Africa, Australia and New Zealand. FuseBox is a provider of circuit protection equipment through an agent network in the UK."
Contacts
- Maximilian Tipp-McKnight MaximilianTippMcKnight@ccpc.ie
