M/16/055 – Joint venture UPMC (Ireland) & Bon Secours Health System
Transaction details
The proposed transaction whereby a 50/50 joint venture between (UPMC) Ireland Limited (University of Pittsburgh Medical Centre) and Bon Secours Health System Limited will be set up as Druid Stone Limited (to be renamed Cork Radiation Oncology Associates Limited), for purposes of providing radiotherapy services at Bon Secours Hospital, Cork, has been cleared by the Competition and Consumer Protection Commission.
| Notification date | Decision date |
|---|---|
| Tuesday November 1, 2016 | Friday, December 9, 2016 |
| Parties Involved | Business activities |
|---|---|
| UPMC (Ireland) Limited | University Pittsburgh Medical Centre (UPMC) is an international private healthcare provider and insurer headquartered in Pittsburgh, Pennsylvania, USA. In the State, UPMC has a 50% interest in the UPMC Whitfield Cancer Centre in Waterford. |
| Bon Secours Health System Limited | Bon Secours is a provider of private healthcare services in the State and operates private hospitals in Cork, Dublin, Galway and Tralee, a consultation clinic in Limerick and a care village in Mount Desert, Cork. |
| Druid Stone Limited | Druid Stone Limited, which is in the process of being renamed Cork Radiation Oncology Associates Limited, is the vehicle through which the joint venture, offering radiation therapy to patients at Bon Secours Hospital, Cork, will be set up. |
| Economic sector | Media merger |
|---|---|
| Healthcare | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Wednesday, November 16, 2016 | |
| Current status: Completed |
|---|
| Cleared (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Joseph Walser | Tel: (+353)1 470 3678 E-mail: josephwalser@ccpc.ie |
Media enquiries: MKC Communications: 01 7038600
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Competition and Consumer Protection Commission
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