M/24/043 – LDC/Medray
Transaction details
The proposed acquisition by Project Drive Bidco Limited, which is solely controlled by LDC XIII LP and LDC Parallel XIII LP, funds managed by LDC (Managers) Limited, of sole control of Medray Imaging Systems Limited and its subsidiaries, has been cleared by the Competition and Consumer Protection Commission.
| Notification date | Decision date |
|---|---|
| Friday July 26, 2024 | Tuesday, August 13, 2024 |
| Parties Involved | Business activities |
|---|---|
| LDC (Managers) Limited | LDC XIII LP and LDC Parallel XIII LP are funds managed by LDC (Managers) Limited. LDC (Managers) Limited is a private equity specialist, focusing on management buyouts, institutional buyouts and development capital transactions, operating predominantly throughout the United Kingdom in a variety of sectors including construction and property, financial services, healthcare industrials, IT and software, leisure and media, retail and consumer and support services. LDC (Managers) Limited is a wholly owned subsidiary of the Lloyds Banking Group plc., a financial services group focused on retail and commercial customers. |
| Medray Imaging Systems Limited | Medray Imaging Systems Limited provides medical equipment, consumables and various services across the healthcare, veterinary and dental sectors in the State. Medray Imaging Systems Limited provides medical imaging equipment, consumables and related services to the healthcare and dental sectors in the United Kingdom. |
| Economic sector | Media merger |
|---|---|
| Healthcare | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Friday, August 9, 2024 | |
| Current status: Completed |
|---|
| Cleared (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Sinéad Griffin | sineadgriffin@ccpc.ie |
| John O'Gorman | johnogorman@ccpc.ie |
Media enquiries: communications@ccpc.ie
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