Case details

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Merger control
Case reference
Ccent/2026/74 - Flecha Lux 25 / Castro Marim Golfe & Country Club
Acquired
Algarvelux Villages – Exploração Turística, S.A.
Description
The company is actively involved in the management and operation of a tourist village with 55 integrated accommodation units within the development, under tourism operation contracts.
Acquired
Algarvelux, Construções e Empreendimentos, S.A.
Description
The company is active in the operation of the golf courses and clubhouse of the Castro Marim Golf & Country Club development, in the organization of events at the clubhouse and in the operation of its restaurant and bar, in the provision of local accommodation management services for a limited number of properties located in the development, and in the occasional promotion and sale of properties integrated into the same.
Acquiring
FLECHA LUX 25 S.à.r.l.
Description
A company belonging to the Arrow Group, which in Portugal is primarily active in the management of overdue and doubtful debts, real estate investments, the commercial operation of marinas and recreational ports, the production of ceramic flooring and wall tiles, and the sale of furniture and equipment for the hotel industry. In the Algarve region, it stands out particularly in the operation of tourist accommodation developments and golf courses.
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 concentration operation consists of the acquisition, by Flecha 25 S.à.r.l. ("Arrow"), of exclusive control over the assets relating to the operation of the tourist and golf resort "Castro Marim Golfe & Country Club" ("Target Assets"), currently held by Algarvelux, Construções e Empreendimentos, S.A. ("Algarvelux CE") and Algarvelux Villages – Exploração Turística, S.A. ("Algarvelux Villages").

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