Greenlight Bidco Limited’s proposed acquisition of Gooch & Housego PLC has cleared a key regulatory hurdle after the U.S. antitrust waiting period expired under the Hart-Scott-Rodino Act.
The transaction, structured as a court-sanctioned scheme of arrangement under the UK’s Companies Act 2006, remains subject to additional conditions, including clearance under the UK National Security and Investment Act 2021. The boards of both companies agreed to the deal on July 16, 2026, with the scheme document published on July 30, 2026.
The acquisition, backed by Arlington Capital Partners VII L.P., is expected to become effective in the fourth quarter of 2026, pending satisfaction or waiver of remaining regulatory requirements. Financial terms of the deal were not disclosed in the announcement.
