PT
Autoridade da Concorrência

Case details

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Merger control
Case reference
Ccent/2025/86 - INSCO*Modalfa / DRESS-S
Acquired
DRESS-S COMÉRCIO E REPRESENTAÇÕES, LDA.
Description
A common company whose activity will be the retail sale of clothing, footwear and fashion accessories in specialized establishments.
Acquiring
INSCO - Insular Hipermercados, SA
Description
A Company that is part of the Bensaúde Group's business universe and whose activity is the wholesale and retail trade of food and non-food products, namely clothing and other accessories, in the Azores archipelago, being responsible for representing and operating renowned brands and insignia in the food and non-food distribution sector.
Acquiring
Modalfa – Comércio e Serviços, S.A.
Description
A company jointly controlled by Sete Amarelo, S.A. and Oxy Capital – SGOIC, S.A., whose activity is the wholesale and retail sale of clothing and other accessories, footwear, fashion accessories for adults, children and babies, and childcare products.
Sector
  • Trade and Services
Activity (NACE)
  • G4771 - Retail sale of clothing in specialised stores
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 merger consists of the creation of a joint venture, Dress-S Comércio e Representações Ltda. (“Dress-S”), by INSCO - INSULAR DE HIPERMERCADOS S.A. (“INSCO”) and MODALFA - COMÉRCIO E SERVIÇOS, S.A. (“MODALFA”).
Timeline
2025-12-10
AdC adopted a non-opposition decision in concentration operation 86/2025 - INSCO*Modalfa / DRESS-S
2025-11-20
INSCO and MODALFA announce the creation of a joint venture
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