Tetrarch/Seed Portfolio Hotels
Transaction details
The proposed acquisition by Tetrarch Group Limited of the following trading assets: Citywest Hotel; Powerscourt Hotel Resort and Spa; Killashee Hotel & Spa; and, Mount Juliet Estate and Golf Club has been cleared by the Competition and Consumer Protection Commission.
Case details
- Notification date:13 September 2018
- Publication date:13 September 2018
- Economic sector:Accommodation & food service - I
- Economic sub-sector:Accommodation - I.55
- Outcome:Cleared
Documents
M.18.078 Merger AnnouncementPDF | 115 KBM.18.078 Merger Announcement PDF | 115 KB - Opens in new window
M.18.078 DeterminationPDF | 278 KBM.18.078 Determination PDF | 278 KB - Opens in new window
Timetable
Parties Involved
Tetrarch Group Limited
Tetrarch Group Limited is a recently formed Irish real estate investment company that intends to acquire hospitality trading and development assets in Ireland.
Target Assets
The Target Assets to be acquired are as follows: Citywest Hotel, a four star hotel, located in Saggart, Co. Dublin; Powerscourt Hotel Resort and Spa, a five star luxury hotel located in Enniskerry, Co. Wicklow; Killashee Hotel & Spa, a four star hotel, located in Killashee, Co. Kildare; and, Mount Juliet Estate and Golf Club, a luxury country estate, located in Thomastown, Co. Kilkenny.
Contacts
Tommy Burke tommyburke@ccpc.ie
