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Spanish Competition Authority Approves Nine Mergers in January

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The Spanish competition authority, CNMC, has authorized nine merger operations in January, with most approved in the first phase without commitments.

08.02.2026 | Spanish competition authority


The Comisión Nacional de los Mercados y la Competencia (CNMC) has approved a total of nine merger operations during January. Out of these, eight were authorized in the first phase without any commitments, while one required a second phase review with conditions.

Among the approved mergers, Everwood Capital SGEIC, S.A. acquired Altair Consultores Logísticos, S.L., with no significant competition concerns due to limited overlaps. Similarly, EQT Fund Management S.À R.L. took control of Adevinta Netherlands, N.V., which also posed no competitive threats.

Other notable mergers include Naver Corporation Ltd's acquisition of Wallapop, which operates in the online classifieds market, and Axpo Iberia's joint control over Axpo Biometano ES1, S.L., which involves minor overlaps in the renewable energy sector.

BM Retail Solutions, S.L.U. acquired Uvesco Food Retail, S.L., while Global Polymer Solutions, S.L. took over Asúa Products Solutions, S.L.U. Both transactions were deemed non-problematic in terms of competition.

Additionally, M&J Inv España 2025, S.L.U. acquired Ficosa International, S.A., and Billions Europe took control of certain assets from Venator Materials UK, with the latter expected to restart operations after acquisition. Lastly, Oximesa, S.L.U. acquired Esteve Teijin Healthcare, S.L., which required commitments to address potential competition risks.

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