PT
Autoridade da Concorrência

Case details

Print
Merger control
Case reference
Ccent/2022/29 - Ardian / Grupo Aire
Acquiring
Ardian Buyout Fund VII B,S.L.P.
Description
It is a private investment company with a global dimension, which invests in different sectors of activity. In Portugal, it is present in the food sector, through the investment made in the Frulact group, and in the infrastructure sector, through its control in the Ascendi Group.
Acquired
Venega Investments, S.L
Description
It operates in Portugal through AR Telecom, a telecommunications operator and provider of communication and information technology services, which provides integrated voice, data connectivity, cloud and IT services, mainly in the business and wholesale segments.
Sector
  • Telecommunications & Media
Activity (NACE)
  • J611 - Wired telecommunications activities
Applicable legislation
Art. 37(1)(a) (Law 19)
Notification thresholds
Market Share threshold
Type of merger
Conglomerate
Cooperation with sector regulators
  • ANACOM - Portuguese Communications Authority
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 Grupo Aire by Ardian. 
Timeline
2022-07-25
The AdC issued a non-opposition decision to the merger 29/2022 - Ardian / Grupo Aire.
2022-07-08
Ardian notifies the acquisition of sole control over Aire Group.
Click here to see your activities