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Proposed sale of Mount Juliet Estate notified to CCPC

Mount Juliet's golf course has hosted the Irish Open on a number of occassions
Mount Juliet's golf course has hosted the Irish Open on a number of occassions

A company controlled by the founder of data centre developer Winthrop Technologies is to buy the 5-star Mount Juliet Estate hotel and golf resort in Co Kilkenny.

The Competition and Consumer Protection Commission said it has been notified of the proposed purchase of Mount Juliet Unlimited Company by Tipberry Ltd.

It is a wholly owned subsidiary of Penman Holdings Ltd, which is controlled by Mr English.

Penman Holdings also owns and operates Johnstown Estate Hotel and Trim Castle Hotel in Co Meath.

Mount Juliet was put on the market earlier this year by owners Tetrarch Capital with a reported price tag of €45m.

In August the Sunday Times reported that Mr English was in exclusive talks to purchase the property for €50m.

Mount Juliet is one of the best-known hotels in the country and has 125 bedrooms, a Michelin starred restaurant and sits on a 500 acre estate.

Its Jack Nicklaus designed golf course has hosted a number of prestigious events including the World Golf Championship in 2002 and 2004, the Irish Seniors Open in 1999 and the Irish Open in 1993, 1994, 1995, 2021 and 2022.

In May the estate played host to a retreat for members of the European Central Bank's Governing Council.

In April funds managed by Blackstone bought a 50.7% stake in Winthrop Technologies, in a deal that valued it at around €800m.