PT
Autoridade da Concorrência

Case details

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Merger control
Case reference
Ccent/2026/26 - IFG / Octium
Acquiring
IFG Financing Limited
Description
It is a company operating in Portugal that provides cross-border and long-term savings products for internationally mobile clients.
Acquired
Octium Holding S.A.
Description
The parent company of a group whose activities in Portugal include the design, structuring and distribution of unit-linked life insurance products, aimed at high-net-worth individuals and their families, focusing on asset protection, estate planning and international portability.
Sector
  • Banking, Financial and Insurance activities
Activity (NACE)
  • K6511 - Life insurance and others complementary activities of social security
Applicable legislation
Art. 37(1)(c) (Law 19)
Notification thresholds
Turnover threshold
Type of merger
Horizontal
Cooperation with sector regulators
  • ASF - Insurance and Pension Fund Supervisory Authority
  • CMVM - Securities Market Commission
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Non-opposition
Case description

The merger consists of the acquisition by IFG Financing Limited (“IFG”), a portfolio company managed by Cinven, a private equity investment firm, of sole control over Octium Holding S.A. (“Octium”).
Timeline
2026-06-02
AdC adopted a non-opposition decision in concentration operation IFG / Octium
2026-04-29
IFG Financing notifies the acquisition of exclusive control over Octium
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