M/23/003 – John Laing/Valley Healthcare
Transaction details
The proposed acquisition by KKR & Co. Inc., through John Laing Group Limited, of the entire issued share capital of Valley Healthcare Fund has been cleared by the Competition and Consumer Protection Commission.
| Notification date | Decision date |
|---|---|
| Monday January 23, 2023 | Monday, February 13, 2023 |
| Parties Involved | Business activities |
|---|---|
| John Laing Group Limited | John Laing Group Limited is an international investor and asset manager, with operations in seven countries. John Laing Group Limited has invested in projects in the UK and Europe, North America, Latin America and Australia, and does not currently have any investments in the State. John Laing Group Limited is indirectly controlled by KKR & Co. Inc., a global investment firm that offers alternative asset management as well as capital markets and insurance solutions. |
| Valley Healthcare Fund | Valley Healthcare Fund is active in the acquisition and development of real estate assets for healthcare use. Its portfolio of 20 operational primary care centres (“PCCs”) in the State has been assembled through a combination of acquisitions, construction and development projects. In addition to the existing operational units, Valley has a pipeline of PCCs at various stages of development. The HSE is the primary tenant of, and operates and manages, all of the PCCs owned by Valley. |
| Economic sector | Media merger |
|---|---|
| Real Estate | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Friday, February 3, 2023 | |
| Current status: Completed |
|---|
| Cleared (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| David Sheahan | Email: davidsheahan@ccpc.ie Phone: 086 084 9318 |
Media enquiries: communications@ccpc.ie
Haven’t found what you’re looking for?
Competition and Consumer Protection Commission
PO Box 12585, Dublin 1, D01 C576
Tel +353 (0)1 402 5500
Consumer helpline 01 402 5555