Case details

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Merger control
Case reference
Ccent/2023/6 - Arrow / Saviotti
Acquiring
Capital Elements – Unipessoal, Lda
Description
Company that is part of the Arrow Group and, indirectly, of the TDR Group. The activities of the Arrow Group in Portugal essentially correspond to the management of overdue and doubtful debts and real estate investments and, on a residual basis, to the operation of some tourist accommodation developments in the Algarve region. In turn, the activity of the TDR group, in Portugal, essentially corresponds to car renting and leasing activities, in addition to activities within the scope of the Arrow Group.
Acquired
Saviotti - Empreendimentos Turísticos, S.A.
Description
It is a company that forms part of the Dom Pedro Group, a hotel group active in Portugal, which operates, directly and indirectly through its subsidiaries, in the tourism sector, in particular tourist accommodation and the operation of golf courses.
Sector
  • Tourism & leisure activities 
Activity (NACE)
Applicable legislation
Art. 37(1)(c) (Law 19)
Notification thresholds
Turnover threshold
Type of merger
Horizontal
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 Saviotti - Empreendimentos Turísticos by Capital Elements.

Timeline
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