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[Decision Summary] Approval of Merger Between Avallon MBO Fund IV and Inglot S.A.

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The Polish Competition Authority has approved the merger between Avallon MBO Fund IV SCA Sicav-Raif and Inglot S.A., allowing the Luxembourg-based fund to gain control over the cosmetics company.

23.07.2026 | Polish Competition Authority (DKK)


The Polish Competition Authority (UOKiK) issued Decision No DKK-168/2026 on July 24, 2026, approving the merger between Avallon MBO Fund IV SCA Sicav-Raif and Inglot S.A. The decision follows an antitrust investigation initiated at the request of Avallon MBO Fund IV.

In this case, the authority determined that the merger would not raise any significant competition concerns, thus allowing the transaction to proceed without any remedies or conditions imposed. The decision was made without a detailed justification as it fully met the request of the merging parties and did not involve any disputes.

Parties involved in this merger include Avallon MBO Fund IV SCA Sicav-Raif, based in Luxembourg, and Inglot S.A., located in Przemyśl, Poland. The approval signifies a straightforward case of merger control without complexities or contentious issues.

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