PT
Autoridade da Concorrência

Case details

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Merger control
Case reference
Ccent/2025/5 - Idealista / Portal47
Acquiring
Idealista International, S.A.
Description
A company whose main activity, in Portugal, is the management and operation of online classified advertising platforms for the real estate sector, on which both individuals and real estate agencies can publish advertisements.
Acquired
Portal47 Ltd.
Description
British company that owns the portal https://www.kyero.com/, an online platform for real estate classified ads, aimed at individuals residing in Germany, the United Kingdom and northern Europe who wish to buy or rent a property in certain countries in the southern Europe, more specifically, in France, Italy, Portugal and Spain.
Sector
Activity (NACE)
Applicable legislation
Notification thresholds
Type of merger
Cooperation with sector regulators
Status
Closed
Type of Investigation
Phase 2 - In-depth investigation
AdC’s decision
Withdrawn
Case description

The concentration operation consists of the acquisition, by idealista S.A.U. (“idealista”), of exclusive control over Portal47 Ltd. (“Portal47”).
Timeline
2025-09-26
The AdC announced that the procedure initiated to assess the Merger 05/2025 – Idealista / Portal47 has been withdrawn.
2025-05-30
Phase I Decision - AdC adopted a decision to carry out an in-depth investigation into the concentration operation Idealista / Portal47.
2025-01-24
Idealista notifies the acquisition of exclusive control over Portal47.
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