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Pilgrim (Oaktree Group)/MHL & MCL

M/10/041

Completed

Transaction details

The proposed acquisition of McInerney Homes Limited (MHL) and McInerney Contracting Limited (MCL) by Pilgrim S.á.r.l. (Pilgrim), part of the Oaktree Capital Management investment group (Oaktree Group), has been notified to the Competition Authority.
Case details
  • Notification date:24 November 2010
  • Publication date:24 November 2010
  • Economic sector:Construction - F
  • Economic sub-sector:Residential & commercial building - F.41
  • Outcome:Cleared
Documents
Timetable

Phase One

  • Wednesday, 24 November, 2010 Notification received
  • Monday, 29 November, 2010 Third party submission deadline
  • Friday, 3 December, 2010 Determination issued
Parties Involved

Pilgrim / Oaktree Group

Pilgrim is part of the Oaktree Group, whose core activity focuses on investments in specialised private equity, distressed debt, high yield and convertible bonds, emerging market and Japanese securities, real estate, and mezzanine finance.

 

McInerney Homes Limited

MHL is active in the construction industry.

 

McInerney Contracting Limited

MCL is a general contracting company, which caters for the public and private sectors, encompassing housing, commercial, retail, industrial, office, leisure and educational developments.
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