PT
Autoridade da Concorrência

Case details

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Merger control
Case reference
Ccent/2024/88 - Grupo Arrow / Minor Vilamoura
Acquired
Minor Luxury Hotels Vilamoura, S.A.
Description
It owns and operates a 5-star hotel in the Algarve region, in Vilamoura, which is operated under the Anantara Hotels & Resorts brand.
Acquiring
Vilamoura World Holdings, S.A.
Description
Portuguese company that is part of the Arrow Group. In Portugal, the activities of the Arrow Group correspond to the management of overdue and doubtful loans and real estate investments, namely through Norfin and Whitestar, as well as the operation of tourist accommodation developments, in the Algarve and Madeira regions, and exploitation of golf courses, in the Algarve and Lisbon. Residually, it also operates in the production and sale of ceramic floors and coverings.
Sector
Activity (NACE)
Applicable legislation
Notification thresholds
Type of merger
Cooperation with sector regulators
Status
Ongoing
Type of Investigation
AdC’s decision
Case description

The merger operation consists of the acquisition, by Vilamoura World Holdings, S.A. (“VWH”) of exclusive control over Minor Luxury Hotels Vilamoura, S.A. (“Minor Vilamoura”).
Timeline
2024-12-20
Arrow Group notifies the acquisition of exclusive control over Minor Vilamoura.
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