Merger Update: Rodericks / Dental Partners

CMA to look at CapVest Partners LLP' undertakings offer in detail

Decision that undertakings may be accepted in relation to the completed acquisition by Riviera Bidco Limited, which owns and controls Rodericks Dental Limited, of Dental Partners Group Limited.

On 23 August 2022, the CMA announced that it is or may be the case that the above Merger has resulted or may be expected to result in a substantial lessening of competition within a market or markets in the United Kingdom.

On 31 August 2022, CapVest Partners LLP, the ultimate controller of Riviera Bidco Limited, offered undertakings to the CMA. The CMA has considered the undertakings offered and today announced that it considers that there are reasonable grounds for believing that the undertaking offered, or a modified version of it, might be accepted by the CMA to remedy the substantial lessening of competition identified by the CMA.

The CMA now has until 2 November 2022 to decide whether to accept the undertaking, with the possibility to extend this timeframe to 30 December 2022 if it considers there are special reasons for doing so.

The text of this decision will be placed on the Competition and Markets Authority's website at https://www.gov.uk/cma-cases as soon as is reasonably practical.

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