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Autoridade da Concorrência

Case details

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Merger control
Case reference
Ccent/2023/9 - Luís Vicente*Jerónimo Martins / Empresa Comum
Acquired
Empresa Comum (NewCo)
Description
Company to be created for the joint development of mandarin, nectarine, peach and plum production activities.
Participant
Grupo Luis Vicente SA
Description
Commercial company integrated in the multinational group Nuvigroup SGPS, S.A., active in the production, processing, storage, wholesale marketing of fresh fruit, trade, as well as the import and export, wholesale, of horticultural products.
Participant
Jerónimo Martins Agro-Alimentar, S.A.
Description
Commercial company of the Jerónimo Martins Group that currently develops its activity in four areas: agriculture, dairy products, aquaculture, fruits and vegetables. The Jerónimo Martins Group is fundamentally dedicated to the production, distribution and sale of foodstuffs, as well as other high consumption products.
Sector
Activity (NACE)
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 creation of a joint-venture between LUÍS VICENTE, S.A. and JERÓNIMO MARTINS AGRO-ALIMENTAR, S.A..
Timeline
2023-04-05
The AdC issued a non-opposition decision to the merger 9/2023 - Luís Vicente*Jerónimo Martins / Empresa Comum.
2023-03-16
Luís Vicente and Jerónimo Martins notify the creation of a joint venture.
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