Case details

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Merger control
Case reference
Ccent/2022/15 - Newpal / COPAM
Acquirer
Newpal - Investimentos, S.A.
Description
Company owned by Valinsert, SGPS, S.A, which exercises, through its subsidiaries Palbit, S.A. and Villa das Tílias, S.A., the following activities: production of carbide tools and ultra-hard materials (such as cutting tools, anti-wear parts and stone treatment tools), organization of fairs, congresses and other similar events (namely, the provision of tourist accommodation services, catering and other tourist events), forestry and forestry exploration, operation of car parks and provision of management consultancy services.
Target
COPAM - Companhia Portuguesa de Amidos, S.A.
Description
It is dedicated to the production and commercialization of starches and their derivatives, dextrins and glucoses, dextroses and isoglucoses, from cereal extraction, from tubers and roots for the food, pharmaceutical, paper, corrugated cardboard and chemical industries in general.
Sector
Extractive and manufacturing Industries
Activity (NACE)
Manufacture of starches and starch products
Applicable legislation
Art. 37(1)(a) (Law 19)
Notification thresholds
Market Share 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 sole control over COPAM by Newpal.
Timeline
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