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Merger control
Case reference
Ccent/2023/80 - QSI / Setpoint
Acquiring
Qatar Sports Investments
Description
Private limited company that actively invests in sports projects in Qatar and internationally and that has exclusive control of Premier Padel, LLC, the company that operates the Premier Padel Championship, an international professional padel circuit that was created in 2022 and which held in seven countries around the world (Portugal not being one of them).
Acquired
Setpoint Events S.A.
Description
Current owner of the WPT business, it organized the WPT - World Padel Tour Cascais Padel Masters in Portugal during the 2021 and 2022 seasons, with this event not being held in 2023.
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 merger in question consists of the acquisition of exclusive control, by Qatar Sports Investments (“QSI”), of the World Padel Tour (“WPT”) business from Setpoint Events, S.A.U..
Timeline
2024-02-09
The AdC issued a non-opposition decision to the merger 80/2023 - QSI / WPT.
2024-01-03
Qatar Sports Investments notifies the acquisition of exclusive control of the World Padel Tour business.
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