Competition authority gives green light to Grupo Bel to acquire four companies

Portugal’s Competition Authority (AdC) has given the green light to the purchase of companies Grudisul, Alcigarve, Tabacaria L. Lisboa and Sobral & Renato by the Grupo Bel.

These companies operate and have a presence in the south of the country in the distribution of tobacco, beverages and food products.

The AdC had received a prior notification on July 31 for the acquisitions by Grupo Bel for the exclusive control of the companies.

Three of the four companies acquired by the group led by businessman Mário Galinha, are based in the district of Faro, and all of them in their activities have in common a trade in coffee, food products and beverages and, with the exception of Sobral&Renato, are involved in the distribution or trade of tobacco.