The Competition and Consumer Protection Commission (CCPC) is initiating a full investigation into Dalata’s €83m acquisition of the company owning the Radisson Hotel at Dublin Airport.
Dalata operates multiple hotels at Dublin Airport, including the Madron Hotel and the Clayton Hotel, which is one of the largest in the country.
CG Hotels, the current owner of the Radisson Hotel, is controlled by British investor Alan McIntosh and co-owner Patrick Coyle.
The CCPC aims to determine if the merger might substantially lessen competition within the hotel industry in the State.
The CCPC shared, “Following a preliminary examination, the CCPC has decided an in-depth investigation is needed to establish whether…the proposed transaction will result in a substantial lessening of competition in the State.”
Dermot Crowley CEO of Dalata shared, “We are a modern, international, outward-looking and innovative hotel company. Access to capital is essential to achieve our visionompetition.”
