On November 5, 2025, the Board of Directors of the Competition Authority, in exercise of the power conferred upon it by paragraph d) of No. 1 of article 19 of the Statutes, approved by Decree-Law No. 125/2014, of 18 August, resolves to adopt a decision of non-opposition to the concentration operation, under the terms of paragraph b) of No. 1 of article 50 of the Competition Law, since it is not likely to create significant obstacles to effective competition in the national market or in a substantial part thereof.

Portuguese Competition Authority Approves Merger Without Opposition

On November 5, 2025, the Board of Directors of the Portuguese competition authority, known as AdC, made a significant decision regarding a concentration operation identified as 79/2025.

 The authority resolved to adopt a decision of non-opposition to the merger between Oxy Capital and Costa Almeida, which includes the entities Rubrikesvoaçante and Túlipesvoaçante.

 This decision was made under the provisions of the Competition Law, specifically referencing article 50, which allows for such approvals when the merger is not likely to create significant obstacles to effective competition in the national market or a substantial part of it.



AdC adopted a non-opposition decision in concentration operation 79/2025 - Oxy Capital*Rubrikesvoaçante*Túlipesvoaçante / Costa Almeida*António Costa Almeida

Portuguese Competition Authority Approves Merger Without Opposition

The Portuguese competition authority has approved a merger involving Oxy Capital and Costa Almeida, determining it will not hinder competition in the market.