We consider topology-changing transitions between 7-manifolds of holonomy G
(2) constructed as a quotient of CY x S-1 by an antiholomorphic involution.
We classify involutions for Complete Intersection CY threefolds, focussing
primarily on cases without fixed points. The ordinary conifold transition
between CY threefolds descends to a transition between G(2) manifolds, corr
esponding in the N = 1 effective theory incorporating the light black hole
states either to a change of branch in the scalar potential or to a Higgs m
echanism. A simple example of conifold transition with a fixed nodal point
is also discussed. As a spin-off, we obtain examples of G(2) manifolds with
the same value for the sum of Betti numbers b(2) + b(3), and hence potenti
al candidates for mirror manifolds.