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Waterland/Cruinn Diagnostics

M/25/053

Completed

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 cleared by the Competition and Consumer Protection Commission.
Case details
  • Notification date:27 August 2025
  • Publication date:28 August 2025
  • Economic sector:Wholesale & retail trade - G
  • Economic sub-sector:Wholesale trade - G.46
  • Simplified merger:Yes
  • Outcome:Cleared
Documents
Timetable

Phase One

  • Thursday, 28 August, 2025 Notification received
  • Wednesday, 10 September, 2025 Third party submission deadline
  • Thursday, 11 September, 2025 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 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.

Contacts

Jack Kelly jackkelly@ccpc.ie

John O'Gorman johnogorman@ccpc.ie

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