On May 14, 2025, the Board of Directors of the Competition Authority, in the exercise of the powers conferred upon it by paragraph d) of paragraph 1 of article 19 of the Statutes, approved by Decree-Law no. 125/2014, of 18 August, decides to adopt a decision of non-opposition to the concentration operation, under the terms of paragraph b) of number 1 of article 50 of the Competition Law, since it is not susceptible to create significant impediments to effective competition in the national market or in a substantial part of it.

Portuguese Competition Authority Approves Irestal Europe and Thielmann Merger

On May 14, 2025, the Board of Directors of the Portuguese Competition Authority (AdC) made a significant decision regarding the merger between Irestal Europe and Thielmann. The authority exercised its powers under the relevant statutory provisions to assess the merger's impact on market competition.

 After thorough evaluation, the AdC concluded that the merger would not create significant impediments to effective competition within the national market or in a substantial part of it. This non-opposition decision indicates that the merger is unlikely to lead to monopolistic practices or reduce competition among existing players in the industry.

 The approval reflects the AdC's commitment to maintaining a competitive market environment while allowing for business consolidations that do not adversely affect consumers or market dynamics.



The AdC issued a non-opposition decision to the merger 28/2025 - Irestal Europe / Thielmann.
The AdC issued a non-opposition decision to the merger 28/2025 - Irestal Europe / Thielmann.

Portuguese Competition Authority Approves Irestal Europe and Thielmann Merger

The Portuguese competition authority has approved the merger between Irestal Europe and Thielmann, determining it will not hinder competition in the market.