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Case details

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Merger control
Case reference
Ccent/2026/21 - B&B*Visabeira*Jerónimo Martins / Europontal
Acquiring
Black and Blue II - Ambiente e Energia, Lda.
Description
Parent company of an investment and management group specializing in renewable energy, mobility and energy for mobility, real estate and logistics, and tourism and other business ventures.
Acquired
Europontal - Materiais de Construção, Lda.
Description
A company operating in the segments of (i) collection and transportation of non-hazardous non-urban construction and demolition waste (CDW) and (ii) its treatment and recovery, being operationally focused only on non-hazardous CDW.
Acquiring
Grupo Visabeira, SGPS, S.A.
Description
The company operates in three main areas: Visabeira Global, which encompasses telecommunications, energy, construction, and technology; Visabeira Indústria, focused on ceramics, crystalware and glass, kitchen furniture, biofuels, and energy solutions; and Visabeira Turismo, Imobiliário e Serviços, which integrates hotels, resorts, and entertainment complexes, as well as real estate and service operations.
Acquiring
Jerónimo Martins, SGPS, S.A.
Description
Holding company of a multinational group whose core activity focuses on the retail and wholesale distribution of food (in Portugal, through the Pingo Doce and Recheio brands), complemented by management, logistics and support services activities, as well as real estate management and agri-food businesses under the sub-holding Jerónimo Martins – Agro-Alimentar, S.A..
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 Black and Blue Investimentos, S.A. (“B&B”), Visabeira Global, SGPS, S.A. (“Visabeira”) and Jerónimo Martins, SGPS, S.A. (“Jerónimo Martins”) of joint control over Europontal – Materiais de Construção, Lda. (“Europontal”) resulting from the acquisition of all of its share capital.
Timeline
2026-04-16
Black and Blue Investimentos, Visabeira and Jerónimo Martins notify the acquisition of joint control over Europontal
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