EU Clears Béaba Suavinex Group's Joint Acquisition by Portobello Capital Fondo V, Bluegem IV

08:08 AM EDT, 10/30/2026 (MT Newswires) -- The European Commission on Friday approved the planned acquisition of France-based Béaba Suavinex Group by Spain's Portobello Capital Fondo V and Luxembourg-based Bluegem IV. The deal relates to the distribution of baby and infant care products, mainly in Spain and France. The executive body of the European Union said the acquisition would not raise competition concerns in the bloc, citing the companies' limited combined market position.