M/25/053 – Waterland/Cruinn Diagnostics
Transaction details
The proposed acquisition by Waterland Private Equity Investments B.V., through Dynamo BidCo Limited, of sole control of Pelican TopCo Limited has been notified to the Competition and Consumer Protection Commission.
| Notification date | Decision date |
|---|---|
| Thursday August 28, 2025 | |
| 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 which focuses on investing in ageing population, outsourcing and digitalisation, leisure and luxury, and sustainability markets. Dynamo BidCo Limited is ultimately under the management of Waterland Private Equity Investments B.V. |
| Dynamo BidCo Limited | Dynamo BidCo Limited is a private limited company registered in the State. Dynamo BidCo Limited forms part of a group of companies that are all ultimately under the management of Waterland Private Equity Investments B.V. |
| Pelican TopCo Limited | Pelican TopCo Limited is a private limited company registered in the State. Pelican TopCo indirectly owns the entire issued share capital in Cruinn Diagnostics Limited through its subsidiary Pelican BidCo Limited. |
| Cruinn Diagnostics Limited | Cruinn Diagnostics Limited is active in the distribution of laboratory equipment, including, in particular, clinical diagnostic kits, reagents, consumables, instruments, as well as calibration and testing services. |
| Economic sector | Media merger |
|---|---|
| Other Services | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Wednesday, September 10, 2025 | |
| Current status: Active |
|---|
| Simplified Merger Notification |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Jack Kelly | jackkelly@ccpc.ie |
| John O'Gorman | johnogorman@ccpc.ie |
Media enquiries: communications@ccpc.ie
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