On May 22, 2024, the Board of Directors of the Competition Authority, using the powers conferred on 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 not to oppose the concentration operation, in accordance with paragraph b) of paragraph 1 of article 50 of the Competition Law, as it is not susceptible to create significant obstacles to effective competition in the national market or a substantial part of it.

AdC Approves Merger Between Crest Agro I*Digave and Grupo Ambiflora

The Portuguese Competition Authority (AdC) has issued a non-opposition decision to the merger between Crest Agro I*Digave and Grupo Ambiflora. The decision was made based on the assessment that the merger would not create significant barriers to competition in the national market. This decision was made in accordance with the Competition Law, indicating that the operation is unlikely to substantially hinder effective competition.

The AdC issued a non-opposition decision to the merger 20/2024 - Crest Agro I*Digave / Grupo Ambiflora.
The AdC issued a non-opposition decision to the merger 20/2024 - Crest Agro I*Digave / Grupo Ambiflora.

AdC Approves Merger Between Crest Agro I*Digave and Grupo Ambiflora

The AdC has approved the merger between Crest Agro I*Digave and Grupo Ambiflora, citing that it will not significantly impede competition in the national market.