Case details

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Merger control
Case reference
Ccent/2025/37 - Vales e Cordilheiras / Palmelalimentar
Acquired
Assets Palmelalimentar - Armazenista de Produtos Alimentares, S.A.
Description
Set of assets held by Palmelalimentar – Armazenistas de Produtos Alimentares, S.A., which are used to develop its activity of distribution and wholesale trade (cash and carry) of food, hygiene and cleaning products, in the national territory.
Acquiring
VALES E CORDILHEIRAS, UNIPESSOAL, LDA.
Description
Bel Group company, a business group operating mainly in the areas of logistics, research, development and technology, automation, aeronautical and aerospace industry, metal-mechanical industry, communication and media, sustainable energy and mobility solutions, and real estate.
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 operation consists of the acquisition, by Grupo Bel, S.A. (“Grupo Bel”), through Vales e Cordilheiras, Unipessoal, Lda, of exclusive control over the set of assets that make up the Central Cash business (“Central Cash”).

Timeline
2025-06-11
Phase I Decision - The AdC issued a non-opposition decision to the merger 37/2025 - Vales e Cordilheiras / Palmelalimentar.
2025-05-22
Bel Group notifies the acquisition of exclusive control over a set of assets that make up the Central Cash business held by Palmelalimentar.
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