PT
Autoridade da Concorrência

Case details

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Merger control
Case reference
Ccent/2023/12 - Explorer IV / Exaktus
Acquired
EXAKTUS - MATERIAL REABILITAÇÃO ORAL LDA.
Description
Company whose main objective is the commercialization of prosthetic components compatible with most brands of dental implants.
Acquiring
Explorer IV – Fundo de Capital de Risco
Description
Venture capital investment fund, based in Portugal, which has been investing in small and medium-sized companies in the industry, energy, construction, commerce, tourism, transport/logistics and services sectors. This fund is managed by Explorer Investments, which also manages other funds with assets divided into four business areas: (i) private equity, (ii) expansion capital, (iii) real estate and (iv) tourism.
Sector
  • Trade and Services
Activity (NACE)
  • G469 - Non-specialised wholesale trade
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 sole control over EXAKTUS by the fund Explorer IV, represented and managed by Explorer Investments.
Timeline
2023-04-12
AdC issued a non-opposition decision to the merger 12/2023 - Explorer IV / Exaktus.
2023-03-24
The Explorer IV fund notifies the acquisition of exclusive control over Exaktus.
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