Waterland/Gaffney Mechanical
Transaction details
The proposed acquisition by Waterland Private Equity Investments B.V., through its indirectly wholly-owned subsidiary NetZero BidCo Limited, of the entire issued share capital, and thus sole control, of Gaffney Mechanical Limited, has been cleared by the Competition and Consumer Protection Commission
Case details
- Notification date:25 October 2023
- Publication date:25 October 2023
- Economic sector:Construction - F
- Economic sub-sector:Specialised construction - F.43
- Simplified merger:Yes
- Outcome:Cleared
Documents
M.23.057 Merger AnnouncementPDF | 135 KBM.23.057 Merger Announcement PDF | 135 KB - Opens in new window
M.23.057 DeterminationPDF | 222 KBM.23.057 Determination PDF | 222 KB - Opens in new window
Timetable
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. focuses on investing in ageing population, outsourcing and digitalisation, leisure and luxury, and sustainability markets.
NetZero BidCo Limited
NetZero BidCo Limited is a newly-established entity incorporated for the purposes of the proposed acquisition. NetZero BidCo Limited is under the sole control of Waterland Private Equity Investments B.V.
Gaffney Mechanical Limited
Gaffney Mechanical Limited is active in the provision of mechanical engineering services with a particular focus on the provision of heating and plumbing services. Heating and plumbing services can be considered to cover the design, installation, repair and maintenance of heating, ventilation and air conditioning systems, plumbing systems and drainage systems in industrial, commercial and residential units.
Contacts
David Sheahan davidsheahan@ccpc.ie
