PT
Autoridade da Concorrência

Case details

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Merger control
Case reference
Ccent/2026/61 - PGCF*FSI / Grupo Retail
Acquiring
Fernando Silva - Investimentos, S.A.
Description
A company that does not engage in any independent activity outside the control of the Retail Group.
Acquiring
PGCF Holding B.V.
Description
It is a company integrated into the Fuste Group, a group of companies that operates in the areas of architecture and construction, offering services that cover the entire life cycle of buildings, from conception and construction to equipment acquisition, maintenance, energy management and real estate investment.
Acquired
Retail Concept Group, S.A.
Description
It is dedicated to providing civil construction services from planning to execution, and is currently wholly owned by FSI, a company that does not carry out any independent activity beyond the control of the Retail Group.
Sector
Activity (NACE)
Applicable legislation
Notification thresholds
Type of merger
Cooperation with sector regulators
Status
Ongoing
Type of Investigation
AdC’s decision
Case description

The merger operation consists of the acquisition, by PGCF Holding B.V. (“PGCF”) and Fernando Silva – Investimentos, S.A. (“FSI”), of joint control of Retail Concept Group, S.A. (“Group Retail”).
Timeline
2026-08-10
PGCF Holding and Fernando Silva – Investimentos notify the acquisition of joint control over Retail Group
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