Rhône Capital / Archimed / DHG / Invacare merger inquiry
The Competition and Markets Authority (CMA) is investigating the anticipated acquisition by Rhône Capital L.L.C. and Archimed SAS of DHG Holdco S.à r.l and Invacare Holdings S.à r.l.
Statutory timetable
| Phase 1 | Action | |
|---|---|---|
| 15 January 2026 | Deadline for phase 1 decision (*) | |
| 13 November 2025 | Launch of merger inquiry | |
| 2 October 2025 to 16 October 2025 | Invitation to comment |
(*) Whilst the CMA will seek to determine its investigation as quickly as possible, the statutory deadline can be extended in certain limited circumstances.
Phase 1
Launch of merger inquiry
13 November 2025: The CMA announced the launch of its merger inquiry by notice to the parties.
- (13.11.25)
Invitation to comment: closed
2 October 2025: The CMA is issuing this preliminary ‘invitation to comment’ to allow interested parties to submit to the CMA any initial views on the impact that the transaction could have on competition in the UK. The CMA has not yet launched its formal investigation into this transaction. This invitation to comment is the first part of the CMA’s information-gathering process.
As part of the transaction, Rhône Capital L.L.C. will acquire a majority interest in DHG Holdco S.à r.l and Invacare Holdings S.à r.l. Archimed SAS, the current owner of DHG Holdco S.à r.l, will hold a minority interest in both companies.
Pre-notification
The CMA has received the necessary information from the parties to commence pre-notification.
Contact
Please send written representations about any competition or public interest issues to rhone.invacare.dhg@cma.gov.uk
Privacy notice
Your name and contact details are your personal data. In collecting, receiving, storing, accessing and using your personal data, the CMA, as controller, is processing your personal data. The CMA processes personal data in accordance with data protection law. The CMA is processing your personal data so that it can contact you again, should it need further help or information from you, in order to carry out its merger work under Part 3 of the Enterprise Act 2002. For more information about how the CMA processes personal data and your rights relating to that data, please see our Privacy notice.
Updates to this page
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Merger investigation launched.
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First published.