PT
Autoridade da Concorrência

Case details

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Merger control
Case reference
Ccent/2023/55 - Vabel / Laboratórios Sarbec
Acquiring
Groupe Vabel SAS
Description
Manufactures and distributes cosmetics, hygiene/body care products and perfumes. It is controlled by Naxicap Partners, which is part of the Banque Populaire Caisse d’Epargne group.
Acquired
Laboratórios Sarbec, Lda.
Description
Manufactures and/or distributes, including in Portugal, the following brands of cosmetics, personal hygiene products and perfumes: Corine de Farme, Evian Brumisateur, On Line, Romantic Professional, Institut Phyto, Mrs. Potter's, Hygie'net, Jacomo Paris, Inessence Paris, Pierre Cardin Fragrance, Aseptonet and Quick'Net.
Sector
  • Trade and Services
Activity (NACE)
  • G4645 - Wholesale of perfume and cosmetics
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 concentration operation consists of the acquisition, by Groupe Vabel (“Vabel”), of exclusive control of Laboratories Sarbec (“Sarbec”).
Timeline
2023-10-11
Phase I Decision - The AdC issued a non-opposition decision to the merger 55/2023 - Vabel / Laboratórios Sarbec.
2023-09-13
Vabel notifies the acquisition of exclusive control over Laboratórios Sarbec.
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