In June, the CNMC approved twelve concentration operations, with one requiring commitments in the first phase. Nexxus gained exclusive control of Creta and its subsidiary Contenur, Visalia acquired exclusive control of Serosense, and Damirsa acquired exclusive control of Tanatorios y Crematorios de Huelva. These acquisitions were deemed not to pose a threat to effective competition in the relevant markets, as they did not lead to significant overlaps or vertical overlaps in Spain. Competition law advisors should note the CNMC's scrutiny of these transactions and the importance of assessing potential impacts on competition in the relevant markets. Merz adquiere el negocio de Acorda, Esteve adquiere el negocio de medicamentos de Perrigo, y Palex Medical adquiere Izasa. Estas adquisiciones no plantean riesgos para la competencia en España, ya que no generan superposiciones horizontales o verticales significativas. Para asesores en derecho de la competencia, es importante tener en cuenta que estas transacciones no alteran la estructura competitiva de los mercados involucrados. Palex, Izasa, Greenoaks, Karnov, Marcial Chacón e Hijos, Decail Energía, Electra la Honorina, y Dea Capital son empresas que han experimentado cambios en su control accionario recientemente. Estas adquisiciones no representan una amenaza para la competencia en sus respectivos mercados, ya que no generan solapamientos significativos. Esto implica que los asesores en derecho de la competencia no deben preocuparse por posibles violaciones a las leyes antimonopolio en estas transacciones. Dea Capital, perteneciente al grupo De Agostini, opera en varios sectores, incluido el de gestión de activos a través de fondos como Taste of Italy 2. En otra operación, Goodlife adquiere el control de Audens Group, ambos en el sector de alimentos congelados y platos preparados. La adquisición no plantea amenazas a la competencia en España. Por último, Condis Supermercats y socios adquieren el control de Roges Supermercats, empresa minorista de productos de consumo diario en Cataluña y Andorra. Estas adquisiciones no generan solapamientos significativos ni relevantes en los mercados, lo que es crucial para asesores en derecho de la competencia. Three individual partners are involved in retail distribution of daily consumer products and wholesale distribution through Roges, a company they previously controlled. They also have indirect control over Mercarojas, active in real estate advisory. Roges operates 24 supermarkets in Catalonia under a franchise agreement with Transgourmet Iberica S.A. The merger slightly reinforces retail concentration nationally but doesn't significantly impact competition. The vertical overlap in markets like pet food and ready-to-eat meals isn't expected to strengthen the buyer's position. The merger doesn't hinder effective competition as it doesn't alter market structures significantly. Competition law advisors should note the approval of the merger between Arenal and Druni, combining their businesses. CNMC approved twelve concentration operations in May, including the merger of Arenal and Druni with commitments. Nexxus acquired Creta and Contenur, Visalia gained control of Serosense, and Damirsa acquired Tanatorios y crematorios de Huelva. Nexxus, a venture capital fund, merged with Creta, a company specializing in waste containers. Visalia, an electricity marketer, acquired Serosense, also in the electricity market. Damirsa took over Tanatorios y crematorios de Huelva. These mergers were deemed not to significantly impact competition in their respective markets, with no horizontal or vertical overlaps. Competition law advisors should note the CNMC's approval of these mergers and the lack of competition concerns in the relevant markets. Damirsa, a Spanish real estate promotion company, has a non-controlling stake in Funeraria El Recuerdo. Tanatorios y Crematorios de Huelva, a Spanish company providing funeral services in Huelva, is being acquired. This acquisition is not seen as a threat to competition as it does not create significant overlaps or vertical relationships affecting the market's competitive structure. Merz acquires exclusive control of Acorda's business, a biotechnology company focused on therapies for multiple sclerosis and Parkinson's disease. This acquisition is not expected to impact competition in Spain. Competition law advisors should note the lack of horizontal or vertical overlaps in these acquisitions, indicating minimal impact on market competition. Esteve, a Spanish pharmaceutical group, acquired Perrigo's rare disease medication business. The deal includes three prescription drugs for treating Cushing's syndrome and advanced adrenal cortical carcinoma. This acquisition does not pose a competition threat in Spain due to no horizontal or vertical overlaps. In another transaction, Palex Medical gained exclusive control of Izasa, a company distributing hospital products in Spain, Andorra, and Portugal. This merger also does not raise competition concerns in Spain. Competition law advisors should note the lack of significant overlaps in these acquisitions, indicating minimal impact on market competition. Greenoaks, a US-based investment company, is acquiring Karnov, a Swedish company providing legal and regulatory information services in Spain through Thomson Reuters and Wolters Kluwer. This acquisition does not pose a threat to competition as there are no overlaps in their activities. Marcial Chacón e Hijos is taking control of Decail Energía and Electra la Honorina, companies in the electricity distribution sector in Spain. Dea Capital, part of the De Agostini group, is acquiring Ñaming, a company in the prepared food wholesale sector. Competition law advisors should note that these acquisitions do not raise concerns for effective competition in the markets involved. Goodlife Foods y Grupo Audens son fabricantes de comida congelada y platos preparados en Europa. Goodlife Foods es propiedad de IK Partners Group, mientras que Grupo Audens es un grupo español activo en platos preparados congelados. La adquisición de Roges Supermercats por Condis Supermercats y tres socios no plantea problemas de competencia en los mercados, ya que no hay solapamientos significativos en España. Competition law advisors should note that this acquisition does not raise concerns about effective competition in the relevant markets. Condis Supermercats, una empresa minorista de productos de consumo diario en Cataluña, adquiere Roges Supermercats, que opera en el mismo sector. La adquisición implica un ligero aumento en la concentración del mercado minorista a nivel nacional, pero no se espera que afecte significativamente la competencia. La transacción también involucra actividades de distribución mayorista y franquicias. A pesar de cierto solapamiento vertical en otros mercados, no se prevé un impacto negativo en la competencia. Para asesores en derecho de la competencia, esta adquisición no plantea preocupaciones significativas y se aprueba con compromisos. The article mentions a case involving CASP-MCH, DRUNI, and ARENAL. The information is a press release from CNMC, not an official document. It is related to competition law. Competition law advisors should pay attention to this case as it may have implications for the businesses involved. The CNMC holds the rights to the information provided.

CNMC Approves Twelve Concentration Operations in June

The CNMC approved twelve concentration operations in June, with Nexxus gaining control of Creta and Contenur, Visalia acquiring Serosense, and Damirsa taking over Tanatorios y Crematorios de Huelva. These acquisitions were found not to harm competition due to the absence of significant overlaps in the Spanish markets.

Merz acquired Acorda's business, Esteve bought Perrigo's medication division, and Palex Medical acquired Izasa, with none of these transactions raising competition concerns in Spain. The CNMC's scrutiny highlights the importance of assessing potential impacts on competition in relevant markets.

Several companies, including Dea Capital and Goodlife Foods, underwent changes in ownership, but these did not threaten competition in their respective markets. The merger between Condis Supermercats and Roges Supermercats slightly increased retail market concentration but did not significantly impact competition.



CNMC Approves Twelve Concentration Operations in June

In June, the CNMC greenlit twelve concentration operations, including acquisitions in various sectors like waste management, pharmaceuticals, and retail, without posing significant competition concerns in Spain.