Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE  
Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel,  BELGIË  
 
Tel: +32 229- 91111. Fax: +32 229 -64301. E -mail: COMP -MERGER -REGISTRY@ec.europa.eu.  
  EUROPEAN COMMISSION  
Brussels, 14.4.2021 
C(2021)  2686 final   
PUBLIC VERSION 
Inter-Risco - Sociedade De Capital De 
Risco, S.A  
Rua Sá da Bandeira, no. 481,  
2nd floor, right side  
4000- 436 – Porto   
Portugal  
 
Unavets Healthcare SL  
Paseo de la Castellana 77  
28046 – Madrid  
Spain  
Subject : Case M. 10143 – INTER- RISCO / UNAVETS / ONEVET  
Commission decision pursuant to Article 6(1)(b) of Council Regulation 
(EC) No  139/20041 and Article 57 of the Agreement on the European 
Economic Area2  
Dear Sir or Madam,  
1. On 17 March 2021, the European Commission received notification of a proposed 
concentration pursuant to Article 4 of the Merger  Regulation by which Inter -Risco 
Sociedade de Capital de Risco, S.A. (“Inter -Risco”, Portugal), ultimately controlled 
by CaixaBank (Spai n), and Unavets Healthcare, S.L. (“Unavets” , Spain ), ultimately 
controlled by Oaktree Group (USA), acquire  within the meaning of Article 3(1)(b) 
and 3(4) of the Merger Regulation joint control of the whole of OneVet Group, SGPS, 
S.A (“OneVet”, Portugal) currently controlled by Inter -Risco , by way of purchase of 
shares.3 
2. The business activities of the undertakings concerned are:  
− for Inter -Risco:  private equity firm established in Portugal  with interests in the 
hospitality, engineering and construction sect or, as well as in the supply of 
                                                 
1 OJ L 24, 29.1.2004, p. 1 ( the ‘Merger Regulation ’). With effe ct from 1 December 2009,  the Treaty on 
the Functioning of the European Union ( ‘TFEU ’) has introduced certain changes, such as the 
replacement of ‘ Community ’ by ‘Union ’ and ‘common market ’ by ‘internal market ’. The terminology 
of the TFEU will be used throughout this decision.  
2  OJ L 1, 3.1.1994, p.  3 (the ‘EEA Agreement ’). 
3  Publication in the Official Journal of the European Union No C 103, 25.3. 2021 , p. 16. 

3 medical -veterinary services (through OneVet) and the roasting and 
commercialisation of coffee, 
− for Unavets:  veterinary services group active in the supply of medical -veterinary 
services and ancillary activities in Spain , 
− for OneVet : veterinary services group active in the supply of medical -veterinary 
services and ancillary activities in Portugal . 
3. After examination of the notification, the European Commission has concluded that 
the notified operation falls within the scope of the Merger  Regulation and of 
paragraph 5(b) of the Commission Notice on a simplified procedure for treatment of 
certain concentrations under Council Regulation (EC) No  139/2004.4 
4. For the reasons set out in the Notice on a simplified procedure, the European 
Commission has decided not to oppose the notified operation and to declare it 
compatible with the internal market and with the EEA Agreement. This decision is 
adopted in application of Article 6(1)(b) of the Merger  Regulation and Article 57 of 
the EEA Agreement . 
For the Commission  
 
 
(Signed)  
Olivier GUERSENT  
Director -General  
                                                 
4  OJ C 366, 14.12.2013, p. 5.