Case details

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Merger control
Case reference
Ccent/2025/63 - Grupo Bel / Grudisul*Alcigarve*T.L.L.*S&R
Acquired
ALCIGARVE – Distribuidora de Tabacos e Bebidas, S. A.
Description
Company with presence in trade, representation, distribution, wholesale and retail, import and export of food products, beverages and tobacco.
Acquired
Grudisul – Sociedade Distribuidora do Sul, S.A.
Description
The company operates in the distribution of tobacco, gifts, stationery and tobacco products, perfumes, cosmetics, textiles, food products, and beverages, as well as import, export, and retail sales. It also operates in the retail sale of liquid and gaseous fuels, tires, and lubricants, as well as automotive repair services and the operation of minimarkets, convenience stores, and coffee shops.
Acquiring
Grupo Bel, S.A.
Description
Business group with a presence in the areas of logistics, research, development and technology, automation, aeronautical and aerospace industry, metalworking industry, communication and media, brands, sustainable solutions, and real estate.
Acquired
Sobral & Renato, Lda.
Description
Company operating in the trade of coffee, food products and beverages.
Acquired
TABACARIA L. LISBOA, LDA.
Description
Company operating in the wholesale trade of tobacco, coffee, tea and derivatives, confectionery products and snacks, as well as in the retail trade of tobacco.
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 transaction consists of the acquisition, by Bel Group, S.A. (“Bel Group”), of exclusive control over GRUDISUL – SOCIEDADE DISTRIBUIDORA DO SUL, S.A. (“Grudisul”), ALCIGARVE – DISTRIBUIDORA DE TOBACCO E BEBIDAS, S.A. (“Alcigarve”), TABACARIA L. LISBOA, LDA. (“T.L.L”) and SOBRAL & RENATO LDA. (“S&R”).

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