PT
Autoridade da Concorrência

Case details

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Merger control
Case reference
Ccent/2023/64 - LifeStyles / Tecnilatex
Acquiring
LifeStyles Europe SAS
Description
Company owned by Linden Capital Partners, a investment in private equity focused on the healthcare sector. LifeStyles operates in the Sexual Wellness sector, manufacturing, marketing and selling a wide range of condoms, lubricating gels, sex toys, intimate care products and other related products.
Acquired
Tecnilatex S.A.
Description
Tecnilatex is a company belonging to the Artsana Group, active, directly or through its subsidiaries, in the manufacturing and distribution of baby care products. Tecnilatex, in particular, is a company dedicated to manufacturing latex products through the Control brand. NewCo is a recently established Italian entity, to which Artsana Italy will transfer its business segment active in the marketing, sale and distribution of condoms, sex toys and lubricating gels under the “Control” brand.
Sector
  • Trade and Services
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 merger operation in question consists of the acquisition, by LifeStyles Europe SAS (“LifeStyles”) – directly or indirectly through wholly-owned subsidiaries – of the entire share capital of Tecnilatex S.A. and a NewCo from the Artsana Group.
Timeline
2023-11-15
The AdC issued a non-opposition decision to the merger 64/2023 - LifeStyles / Tecnilatex.
2023-10-24
LifeStyles notifies the acquisition of exclusive control over Tecnilatex and NewCo.
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