M/24/047 – Waterland/Wesco
Transaction details
The proposed acquisition by Project Finn Bidco Limited, which is solely controlled by Waterland Private Equity Investments B.V., of sole control of Wesco Electrical Limited has been cleared by the Competition and Consumer Protection Commission.
| Notification date | Decision date |
|---|---|
| Friday August 2, 2024 | Wednesday, August 21, 2024 |
| Parties Involved | Business activities |
|---|---|
| Waterland Private Equity Investments B.V. | Waterland Private Equity Investments B.V. is an Alternative Investment Fund Manager regulated by the Netherlands Authority for Financial Markets. Waterland Private Equity Investments B.V.'s portfolio of companies are active in a diverse range of sectors. |
| Project Finn Bidco Limited | Project Finn Bidco Limited forms part of a group of companies that are all ultimately under the management of Waterland Private Equity Investments B.V. Project Finn Bidco Limited is a subsidiary of Project Finn Topco Limited, which are newly established entities incorporated for the purpose of the proposed acquisition. |
| Wesco Electrical Limited | Wesco Electrical Limited is a wholly owned subsidiary of Branbridge Limited and is active in the wholesale supply of electrical goods to professionals such as electrical contractors. |
| Economic sector | Media merger |
|---|---|
| Professional Services | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Tuesday, August 20, 2024 | |
| Current status: Completed |
|---|
| Simplified Merger Notification |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Andreena Corrigan | andreenacorrigan@ccpc.ie |
Media enquiries: communications@ccpc.ie
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