Acquisitions

Kruso Kapital has purchased pledge credit activities from Banco Invest in Portugal, which operated the business under the Popular Economic Credit brand, in an investment that amounts to €11.55 [...]

Portuguese renewables company Greenvolt has been relegated from Euronext Lisbon’s main listing. This is because 97.64% of its shares are now held by the US company Kohlberg, Kravis and Roberts [...]

Slate Asset Management has acquired 12 supermarkets from LCN Capital for €150 million. The portfolio comprises 12 buildings rented to the supermarkets Continente/Continente Modelo located in [...]

Musti, a pet products company owned by Sonae, which operates in the Nordic countries, has acquired PetCity, a counterpart in the Baltic states. The acquisition was announced this Monday and marks [...]

The insurance broker Sabseg has acquired the total share capital of Velmese, an insurer based in Valença do Minho, Portugal. Velmese had a turnover of €167,000 in commissions in 2023 with net [...]

Angolan investor Isabel dos Santos has sold her 42% share in Portuguese bank EuroBic to Abanca in a deal that was signed on 11 June, four years after the Bank of Portugal gave the green light for [...]

Portuguese bank Novobanco has sold a 40% stake in the Portuguese transport concession company Lineas Concessões de Transportes for “well over the book value” of €52.6 million. The [...]

Portugal’s paper manufacturer The Navigator Company has improved on the price for its Public Acquisition Offer (OPA) for Accrol that was announced on March 22 to 39 pence per share. Accrol, the [...]

Banco Português de Gestão, a small bank belonging to the foundation Fundação Oriente, which posted debts of €6 million in 2023, is to be sold to the Chinese group Vcredit. Although the Banco [...]

Large Portuguese companies are increasingly taking advantage of acquisitions abroad launching public acquisition offers for companies in other countries. In recent months companies like Sonae, [...]