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Waterland/Bellew

M/24/030

Completed

Transaction details

The proposed acquisition by Project Finn Bidco Limited, which forms part of a group of companies that is ultimately owned by Waterland Private Equity Investments B.V., of the entire share capital, and thus sole control, of Bellew Electrical Wholesale Limited and BEW Electrical Limited has been cleared by the Competition and Consumer Protection Commission.
Case details
  • Notification date:8 May 2024
  • Publication date:8 May 2024
  • Economic sector:Wholesale & retail trade - G
  • Economic sub-sector:Wholesale trade - G.46
  • Simplified merger:Yes
  • Outcome:Cleared
Documents
Timetable

Phase One

  • Thursday, 9 May, 2024 Notification received
  • Thursday, 23 May, 2024 Third party submission deadline
  • Monday, 27 May, 2024 Determination issued
Parties Involved

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.

 

BEW Electrical Limited

BEW Electrical Limited is active in the wholesale of electrical goods to professionals such as electrical contractors. This includes the sale of a small amount of goods on an "over-the-counter" basis to consumers. BEW Electrical Limited operates in Northern Ireland.

 

Bellew Electrical Wholesale Limited

Bellew Electrical Wholesale Limited is active in the wholesale of electrical goods to professionals such as electrical contractors. This includes the wholesale supply of small amounts of heating and plumbing supplies, and sale of a small amount of goods on an "over-the-counter" basis to consumers. Bellew Electrical Wholesale Limited operates in the Republic of Ireland.

Contacts
Helene Hololei helenehololei@ccpc.ie Lucy Roche lucyroche@ccpc.ie
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