Case details

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Merger control
Case reference
Ccent/2025/76 - HCapital Partners * PCL * Premium Peculi * INSPARK / NATIVE
Acquiring
HCapital II - Fundo de Capital de Risco Fechado
Description
Fund managed by HCapital Partners – SCR, S.A., an independent venture capital firm, which invests in a broad spectrum of companies, especially in the Iberian middle market segment, in export-oriented companies with growth and value creation potential and appropriate governance models.
Acquiring
INSPARK, CO. LDA.
Description
Provides business and management consulting services, including industrial consulting and activities related to the acquisition, disposal, encumbrance and management of equity interests.
Acquiring
PCL - INVESTIMENTOS, S.A.
Description
It is part of the PCL Investimentos Group, which operates in the area of ??fastening and assembly products and services for all types of industries.
Acquiring
PREMIUM PECULI, S.A.
Description
Its main purpose is the purchase and sale of real estate, leasing and exploitation of real estate assets, study, promotion and execution of commercial and industrial activities, the execution of real estate and tourism ventures, administration of own or third-party financial holdings and the organization of events and management support consultancy.
Acquired
THENATIVEFOODSCO, LDA.
Description
Operates in the import, export and distribution in Portugal of frozen fruit pulp from the Brazilian company Brasfrut, as well as its own production of frozen fruit-based foods, such as ice creams (sorbets) sold under the brand “Native Açaí” and “Native Pitaya” and natural fruit solutions for drinks and cocktails sold under the brand “Prime Fruits”.
Acquiring
TROPICAL GROWTH, S.A.
Description
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-applicable
Case description

The concentration operation consists of the acquisition, by the companies HCapital II – Closed Venture Capital Fund (“HCapital”), PCL – Investimentos, S.A., (“PCL”), Premium Peculi, S.A. (“Premium Peculi”), and INSPARK, CO. LDA (“INSPARK”), of joint control over THENATIVEFOODSCO, LDA (“NATIVE”).

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