Case details

Ccent/2023/29 - Capital Elements / Grande Buganvília

Capital Elements – Unipessoal, Lda

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 (namely through Norfin and White Star), as well as the operation of tourist accommodation developments in the Algarve and Portugal regions. Madeira and the exploration of golf courses in the Algarve and Lisbon. In turn, the activity of the TDR group, in Portugal, essentially corresponds to operating platforms for used vehicles and education and training activities.

Grande Buganvília – Projectos e Actividades Hoteleiras e Imobiliárias Turísticas, S.A.

Company currently owned by Flitptrel Portugal, S.A., is part of the activities, in Portugal, of Davidson Kempner. Operates in the tourism sector, currently operating two hotels in the Algarve, the Hilton Vilamoura - Cascatas Golf Resort & SPA and the Vilamoura Garden

Art. 37(1)(c) (Law 19)

Turnover threshold

Horizontal

Closed

Phase 1

Non-opposition