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Autoridade da Concorrência

Case details

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Merger control
Case reference
Ccent/2024/20 - Crest Agro I*Digave / Grupo Ambiflora
Acquired
Ambiflora - Serviços de Sivicultura e Exploração Florestal, Lda.
Description
Group of commercial companies controlled by Digave and, indirectly, by Regina Ventura and Hélder Ventura. Ambiflora operates three business areas: forestry services, environmental services and gardening.
Acquired
Ambiflora Mais, Unipessoal, Lda.
Description
Company whose sole activity will be participation in the Ambiflora.
Acquiring
Crest Agro I – Fundo de Capital de Risco Fechado
Description
Venture capital investment fund, managed and represented by Crest Capital Partners - Sociedade de Capital de Risco, S.A., and whose assets are intended to be invested in the acquisition of shares in the capital of companies dedicated to the agribusiness sector.
Sector
  • Trade and Services
Activity (NACE)
  • N8130 - Landscape service activities
Applicable legislation
Art. 37(1)(c) (Law 19)
Notification thresholds
Turnover threshold
Type of merger
Conglomerate
Cooperation with sector regulators
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Non-opposition
Case description

The merger operation consists of the acquisition, by the Crest Agro I fund – Fundo de Capital de Risco Fechado (“Crest Agro I”) and by Digave, Lda. (“Digave”) of joint control over the Ambiflora Group (“Ambiflora”) .
Timeline
2024-05-22
The AdC issued a non-opposition decision to the merger 20/2024 - Crest Agro I*Digave / Grupo Ambiflora.
2024-04-26
Crest Agro I and Digave notify the acquisition of joint control over the Ambiflora Group.
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