PT
Autoridade da Concorrência

Case details

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Merger control
Case reference
Ccent/2024/50 - ACO II / Aleluia
Acquiring
ACO II February S.à.r.l.
Description
Company part of the Arrow Group which, in Portugal, is essentially dedicated to the management of overdue and doubtful loans, as well as investments in the real estate sector. The Arrow Group also operates in the tourism sector, through the operation of tourist accommodation enterprises in the Algarve and Madeira regions, as well as the operation of golf courses in the Algarve and Lisbon regions.
Acquired
Aleluia - Cerâmicas, S.A.
Description
Company active in the production and sale of ceramic floors and coverings, including white paste floors and coverings, enamelled and extruded porcelain tiles and tiles with hand-painted coverings. Aleluia markets its products under the brands Aleluia Cerâmicas, Aleluia and Keratec.
Sector
  • Extractive and manufacturing Industries
Activity (NACE)
  • C2331 - Manufacture of ceramic tiles and flags
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 concentration operation consists of the acquisition, by ACO II February S.à.r.l., of exclusive control over Aleluia – Cerâmicas, S.A..
Timeline
2024-08-29
The AdC issued a non-opposition decision to the merger 50/2024 - ACO II / Aleluia.
2024-08-06
ACO II notifies the acquisition of exclusive control over Aleluia.
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