PT
Autoridade da Concorrência

Case details

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Merger control
Case reference
Ccent/2023/50 - VALLIS / RACLAC
Acquired
RACLAC, S.A.
Description
Company engaged in the production and sale of disposable products for the health and industry sectors, namely gloves, masks, caps, hats, balaclavas, caps, ribbons, shoe covers, slippers, suits, hospitalization and visiting kits, overalls, suits, trousers, skirts, shorts, underpants, thongs, aprons, cuffs, beard covers and bibs.
Acquiring
VALLIS SUSTAINABLE INVESTMENTS II, FCR
Description
Venture capital fund belonging to the VALLIS Group, which is dedicated to making and managing investments in companies that develop their activity in the provision of services in the field of dentistry, hair care, logistics and transport at controlled temperature and manufacturing of beauty products and hospital products, among others.
Sector
  • Health & Pharmaceutical
Activity (NACE)
  • C2120 - Manufacture of pharmaceutical preparations
Applicable legislation
Art. 37(1)(c) (Law 19)
Notification thresholds
Turnover threshold
Type of merger
Vertical
Cooperation with sector regulators
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Non-opposition
Case description

The merger in question consists of the acquisition, by VALLIS SUSTAINABLE INVESTMENTS II, FCR (“VSI II”), of shares representing the share capital of RACLAC, S.A. (“RACLAC”), which will be exclusively owned by the VALLIS Group.
Timeline
2023-09-13
The AdC issued a non-opposition decision to the merger VALLIS / RACLAC.
2023-08-28
VALLIS notifies the acquisition of exclusive control over RACLAC.
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