Approved · Waiver · decided in 17 days, 16 Feb 2026
Paragon Care Limited, via its subsidiary Clifford Hallam Healthcare Pty Limited, completed an asset purchase of the Presidental business. This expands Paragon Care's Australian healthcare market presence, particularly in dental equipment, maintenance, and consumables, from Presidental Pty Limited and Rockpac South Pacific Pty Ltd.
Clifford Hallam Healthcare Pty Limited, a wholly-owned subsidiary of Paragon Care Limited ( Paragon Care ), proposes to acquire the Presidental business ( Presidental ) through an Asset Purchase Agreement from Presidental Pty Limited and Rockpac South Pacific Pty Ltd. Paragon Care is a publicly traded company listed on the Australian Stock Exchange. It supplies pharmaceuticals, medical equipment and devices as well as medical and specialist dental consumables to the healthcare market in Australia, New Zealand and Asia. Paragon Care established its dedicated dental consumables business in May 2025. Presidental is an Australian-owned business focusing on the supply of dental equipment and maintenance and repair services for dental equipment to dental clinics and surgeries in New South Wales, Brisbane and parts of regional Queensland, Victoria and Tasmania. Presidental also supplies a small volume of dental consumables associated with the dental equipment it supplies, as well as some steriliser machines and associated consumables to medical practices.