PT
Autoridade da Concorrência

Case details

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Merger control
Case reference
Ccent/2022/52 - Crest II / FIMAG
Acquiring
Crest II - FCR
Description
Venture capital fund dedicated to the realization and management of investments in companies and currently has investments in Portugal in the bathroom furniture production sectors; wholesale distribution of parts and accessories for light vehicles, and production and sale of accessories for off-road, and caravanning.
Acquired
FIMAG - Importação e Comércio de Acessórios, Lda.
Description
Commercial company incorporated under Portuguese law, dedicated, in Portugal, to the wholesale trade of parts and accessories for light motor vehicles.
Sector
Activity (NACE)
Applicable legislation
Notification thresholds
Type of merger
Cooperation with sector regulators
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Non-opposition
Case description

The notified concentration consists of the acquisition of sole control over FIMAG by Crest II - FCR Fund.
Timeline
2022-11-29
The AdC issued a non-opposition decision to the merger 52/2022 - Crest II / FIMAG.
2022-11-11
The Crest II - FCR Fund notifies the acquisition of sole control over FIMAG.
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