Case details

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Merger control
Case reference
Ccent/2024/45 - Actium Capital*Draycott / Pradecon
Acquiring
Actium Capital, S.A.
Description
Company governed by Portuguese law dedicated to the management of shareholdings, investment in capital markets and the purchase and sale of private companies and real estate.
Acquiring
Draycott – SCR, S.A.
Description
Venture capital company under Portuguese law dedicated to the management of venture capital funds and investment through such funds, currently having 5 funds under management, including Draycott II FCR.
Acquired
Pradecon – Construções Metálicas, S.A.
Description
company that carries out design and development activities for engineering solutions for photovoltaic solar panel assembly structures and the manufacture of metal profiles to support the assembly of photovoltaic panels.
Sector
Activity (NACE)
Applicable legislation
Notification thresholds
Type of merger
Cooperation with sector regulators
Status
Ongoing
Type of Investigation
Phase 1
AdC’s decision
Non-opposition
Case description

The concentration operation consists of the acquisition, by Actium Capital, S.A. and by Draycott SCR, S.A., through the Draycott II FCR fund, jointly controlled by Pradecon – Construções Metálicas, S.A., through Hipérbole Diurna, Lda., a vehicle company created for this purpose.

Timeline
2024-08-29
Phase I Decision - The AdC issued a non-opposition decision to the merger 45/2024 - Actium Capital*Draycott / Pradecon.
2024-08-07
Actium Capital and Draycott notify the acquisition of joint control over Pradecon.
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