Case details

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Merger control
Case reference
Ccent/2025/53 - Odevo / Grupo Portik
Acquiring
Odevo AB
Description
A company jointly controlled by CVC Capital Partners plc (“CVC”) and Fidelio Capital AB (“Fidelio”), whose business is real estate management and administration. Odevo has a presence in the US and several European countries, but does not operate in Portugal. CVC is an alternative investment manager, focusing on private equity, credit, and infrastructure. Fidelio is a Swedish investment firm that invests in growth companies, primarily in the Nordic countries, Europe, and the US.
Acquired
Portik Property Management, S.L.U.
Description
A Madrid-based group that operates in Portugal through Portik Serviços Imobiliários, S.A., providing residential condominium management and administration services, as well as related and ancillary services, under the "Loja do Condomínio" brand. The Portuguese subsidiary also owns FAAZ, another brand in the condominium management market.
Sector
Activity (NACE)
Applicable legislation
Notification thresholds
Type of merger
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 Odevo AB (“Odevo”), of exclusive control over the Portik Group.

Timeline
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