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Tetrarch/Citywest

M/17/064

Completed

Transaction details

The proposed acquisition by Tetrarch Capital Limited, through Alva Glen Holdings Limited, of sole control of Citywest Properties Limited Partnership and of Cape Wrath Hotel Limited, has been cleared by the Competition and Consumer Protection Commission.
Case details
  • Notification date:20 November 2017
  • Publication date:20 November 2017
  • Economic sector:Accommodation & food service - I
  • Economic sub-sector:Accommodation - I.55
  • Request for information:Yes
  • Outcome:Cleared
Documents
Timetable

Phase One

  • Monday, 20 November, 2017 Notification received
  • Monday, 4 December, 2017 Third party submission deadline
  • Thursday, 28 December, 2017 Further information required
  • Tuesday, 9 Janury, 2018 Further information received
  • Tuesday, 20 January, 2018 Determination issued
Parties Involved

Tetrarch Capital Limited

Tetrarch is an Irish owned, Dublin based real estate investment and development company that is active in the office sector, retail sector, residential sector, hotel sector, hospitality sector and leisure sector. Alva Glen Holdings Limited is a wholly-owned subsidiary of Tetrarch and the vehicle through which the proposed acquisition will take place.

 

Citywest Properties Limited Partnership

Citywest Properties Limited Partnership owns the properties related to Citywest Hotel, including the hotel itself, certain golf suites (apartments) on the grounds and a nearby disused golf course and undeveloped site.

 

Cape Wrath Hotel Limited

The principal activity of Cape Wrath Hotel Limited is the operation of Citywest Hotel.
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