Prior notification of a concentration (Case M.11954 - SOLINA / PORTOBELLO / EUROCEBOLLAS) – Candidate case for simplified procedure
Date: 2025-05-26
Institutions: Directorate-General for Competition, European Commission
Subjects: Spain, aromatic plant, economic concentration, flavouring, food industry, investment company, merger control








C_202502981EN.000101.fmx.xml












Official Journal of the European Union


EN
C series













C/2025/2981


26.5.2025






Prior notification of a concentration
(Case M.11954 - SOLINA / PORTOBELLO / EUROCEBOLLAS)
Candidate case for simplified procedure
(Text with EEA relevance)
(C/2025/2981)


1.   
On 16 May 2025, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1).
This notification concerns the following undertakings:






—


Solina France SASU (‘Solina’, France), controlled by Astorg Asset Management S.à r.l. (‘Astorg’, France),










—


Portobello Capital Gestion, SGEIC, S.A. (‘Portobello’, Spain)










—


Solions Ingredients, S.L. (‘Eurocebollas’, Spain), controlled by Grupo Alimentario Alberola S.L.U. (‘GAA’, Spain) and Portobello.




Solina and Portobello will acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of Eurocebollas.
The concentration is accomplished by way of purchase of shares.


2.   
The business activities of the undertakings concerned are the following:






—


Solina is a French company active in the supply of aromatic and functional ingredients for the food processing industry, as well as for catering and retail food service customers, and in the nutrition industry in Europe,










—


Portobello is a Spanish independent mid-market private equity firm.






3.   

The business activities of Eurocebollas are the following: to design, develop, produce and commercialize ready-to-use vegetable solutions and ingredients in Spain.



4.   
On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the Merger Regulation. However, the final decision on this point is reserved.
Pursuant to the Commission Notice on a simplified treatment for certain concentrations under Council Regulation (EC) No 139/2004 on the control of concentrations between undertakings (2) it should be noted that this case is a candidate for treatment under the procedure set out in the Notice.


5.   
The Commission invites interested third parties to submit their possible observations on the proposed concentration to the Commission.
Observations must reach the Commission not later than 10 days following the date of this publication. The following reference should always be specified:
M.11954 - SOLINA / PORTOBELLO / EUROCEBOLLAS
Observations can be sent to the Commission by email or by post. Please use the contact details below:
Email: COMP-MERGER-REGISTRY@ec.europa.eu

Postal address:





European Commission




Directorate-General for Competition




Merger Registry




1049 Bruxelles/Brussel




BELGIQUE/BELGIË







(1)  
            OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).

(2)  
            OJ C 160, 5.5.2023, p. 1.


ELI: http://data.europa.eu/eli/C/2025/2981/oj
ISSN 1977-091X (electronic edition)