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Waterland/Wesco

M/24/047

Completed

Transaction details

The proposed acquisition by Project Finn Bidco Limited, which is solely controlled by Waterland Private Equity Investments B.V., of sole control of Wesco Electrical Limited has been cleared by the Competition and Consumer Protection Commission.
Case details
  • Notification date:1 August 2024
  • Publication date:2 August 2024
  • Economic sector:Wholesale & retail trade - G
  • Economic sub-sector:Wholesale trade - G.46
  • Simplified merger:Yes
  • Outcome:Cleared
Documents
Timetable

Phase One

  • Friday, 2 August, 2024 Notification received
  • Tuesday, 20 August, 2024 Third party submission deadline
  • Wednesday, 21 August, 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.

 

Wesco Electrical Limited

Wesco Electrical Limited is a wholly owned subsidiary of Branbridge Limited and is active in the wholesale supply of electrical goods to professionals such as electrical contractors.

Contacts
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