PT
Autoridade da Concorrência

Case details

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Merger control
Case reference
Ccent/2025/55 - Grupo Arrow / Engexpor
Acquiring
ACO II May, S.A.R.L.
Description
A Luxembourg-based company, part of the Arrow Group. The Arrow Group's activities in Portugal include the management of non-performing loans (NPLs), the management of performing loans (PLs), real estate investments and tourism operations through Whitestar, Restart Capital, Norfin, and Details – Hospitality, Sports & Leisure, the operation of tourist accommodations and golf courses, the production and sale of ceramic flooring and coverings, the sale of hotel furniture and equipment, the operation of used vehicle platforms, and education and training activities.
Acquired
Engexpor – Consultores de Engenharia, S.A.
Description
Portuguese company specializing in project management, construction management, providing technical and urban advisory services, environmental and sustainability advisory services, facilities management and Building Information Modeling.
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 concentration operation consists of the acquisition, by ACO II May S.À.R.L. (“ACO II” or “Arrow Group”), of exclusive control of Engexpor – Consultores de Engenharia, S.A. (“Engexpor”) and its subsidiaries (DCS – Digital Construction Services, Ltda. and Engexpor Brasil Gerenciamento de Projetos e Obras, Ltda.).
Timeline
2025-08-06
AdC adopted a non-opposition decision in concentration operation 55/2025 - Grupo Arrow / Engexpor.
2025-07-15
Arrow Group notifies the acquisition of exclusive control over Engexpor.
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