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Autoridade da Concorrência

Case details

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Merger control
Case reference
Ccent/2021/43 - TEAK*TANGOR / Cerealis
Acquired
Cerealis, SGPS, S.A.
Description
Company active in the pasta and flour industry sector.
Acquiring
Tangor Capital, S.A.
Description
Private equity investment firm.
Acquiring
Teak Capital, B.V.
Description
Private equity investment firm.
Sector
  • Liberal Professions
Activity (NACE)
  • M7010 - Activities of head offices
Applicable legislation
Art. 37(1)(c) (Law 19)
Notification thresholds
Turnover threshold
Type of merger
Conglomerate
Cooperation with sector regulators
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Non-opposition
Case description
The notified concentration consists of the acquisition of joint control over Cerealis by Teak Capital and Tangor Capital.
Timeline
2021-09-15
The Board of the Competition Authority issued a non-opposition decision to the merger 43/2021 - TEAK*TANGOR / Cerealis
2021-08-26
TEAK Capital and Tangor Capital notify the acquisition of joint control over Cerealis.
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