Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE  
Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel,   BELGIË  
 
Tel: +32 229 -91111. Fax: +32 229 -64301. E -mail: COMP -MERGER -REGISTRY@ec.europa.eu . 
  EUROPEAN COMMISSION  
Brussels, 9.12.2022  
C(2022) 9431 final  
PUBLIC VERSION  
Irish Life Wellbeing Limited  
Irish Life Centre   
Lower Abbey Street  
Dublin 1  
Ireland  
 
Centric Health Primary Care Limited  
RSA House  
Dundrum Town Centre  
D16 FC92  Dublin 16  
Ireland   
Subject : Case M. 10905  – IRISH LIFE WELLBEING / CENTRIC HEALTH 
PRIMARY CARE / CAREPATH CONNECT  
Commission decision pursuant to Article 6(1)(b) of Council Regulation 
(EC) No 139/20041 and Article 57 of the Agreement on the European 
Economic Area2  
Dear Sir or Madam,  
1. On 16 November 2022 , the European Commission received notification of a proposed 
concentration pursuant to Article 4 of the Merger Regulation , by which Irish Life 
Wellbeing Limited (‘ILW’, Ireland) and Centri c Health Primary Care Limited (‘ CH’, 
Ireland) will acquire within the  meaning of Article 3(1)(b) and 3(4) of the Merger 
Regulation joint control of Carepath Connect Designated Activity Company 
(‘Carepath’, Ireland).  The concentration is accomplished by way of purchase of shares 
in a newly created company constituting a join t venture.3 
                                                 
1 OJ L 24, 29.1.2004, p. 1 ( the ‘Merger Regulation ’). With effect from 1 December 2009,  the Treaty on 
the Functioning of the European Union ( ‘TFEU ’) has introduced certain changes, such as the 
replacement of ‘Community ’ by ‘Union ’ and ‘common market ’ by ‘internal market ’. The terminology 
of the TFEU will be used throughout this decision.  
2  OJ L 1, 3.1.1994, p. 3 (the ‘EEA Agreement ’). 
3  Publication in the Official Journal of the European Union No C 446, 24.11.2022 , p. 36. 

 
2 2. The business activities of the undertakings concerned  and the joint venture are the 
following : 
 ILW is part of the Irish Life Group, which provides life assurance, pensions and 
wealth management, health insurance and health and wellbeing services in 
Ireland. It belongs to the Power Corporation of Canada group, an international 
management and holding company,  
 CH provides primary healthcare services (general practitioner and specialty) to 
patients and medical recruitment services to general practitioner practices and 
hospitals in Ireland. It is part of Rothschild & Co Investment Managers group, a 
global financial services group , 
 Carepath will design and implement treatment step plans for primary healthcare, 
which will aim to improve patients'  experience and red uce treatment costs in 
Ireland.  
3. After examination of the notification, the European Commission has concluded that 
the notified operation falls within the scope of the Merger  Regulation  and of 
paragraph 5(c) of the Commission Notice on a simplified procedure for treatment of 
certain concentrations under Council Regulation (EC) No 139/2004 .4 
4. For the reasons set out in the Notice on a simplified procedure, the European 
Commission has decided not to oppose the notified operation and to declare it 
compatible with the internal market and with the EEA Agreement. This decision is 
adopted in application of Article 6(1)(b) of the Merger  Regulation  and Article 57 of 
the EEA Agre ement . 
For the Commission  
 
 
(Signed)  
Olivier GUERSENT  
Director -General  
                                                 
4  OJ C 366, 14.12.2013, p. 5 .