Portugal
Approved Castro Marim Golf & Country Club asset purchase by Arrow Group
Publication: ECO
Author: Lusa
Source published: 22/10/2026, 17:04:19 UTC
Briefing created: 22/10/2026, 20:05:10 UTC
Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 22/10/2026, 17:41:25 UTC.
Briefings
The Autoridade da Concorrência (AdC) granted approval for Flecha Lux 25, a subsidiary of the British group Arrow, to acquire exclusive control over assets related to the Castro Marim Golf & Country Club in the Algarve. This approval was issued as a non-opposition decision on the concentration operation, though specific transaction values were not disclosed. Flecha Lux 25 is active in the Algarve primarily through the Algarvelux Villages, a tourism company managing 55 integrated accommodation units, and also manages golf fields and clubhouse services for the club.
Key points
- The Autoridade da Concorrência (AdC) granted approval for Flecha Lux 25, a subsidiary of the British group Arrow, to acquire exclusive control over assets related to the Castro Marim Golf & Country Club in the Algarve.
- The Algarvelux Villages, a subsidiary of Arrow, manages 55 integrated accommodation units and provides golf field and clubhouse services for the club.
Context
The approval was issued as a non-opposition decision on the concentration operation, indicating the AdC did not object to the transaction. Flecha Lux 25 is active in the Algarve primarily through the Algarvelux Villages, a tourism company managing 55 integrated accommodation units, and also manages golf fields and clubhouse services for the club.
Limitations
Specific transaction values were not disclosed. The evidence covers the approval decision and the operational context of the involved companies, but details on the specific assets acquired and the financial terms of the transaction remain unavailable.
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