Changeflow GovPing Consumer Protection Apollo Funds / Lecta Foreign Subsidies Case
Priority review Enforcement Amended Final

Apollo Funds / Lecta Foreign Subsidies Case

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Filed February 17th, 2026
Detected March 24th, 2026
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Summary

The European Commission's Foreign Subsidies Regulation case concerning Apollo Funds and Lecta has seen its provisional deadline and suspension period expire on March 24, 2026. This case investigates potential foreign subsidies impacting a concentration within the paper and pulp manufacturing sectors.

What changed

The European Commission has concluded the provisional deadline and suspension period for case FS.100314, involving Apollo Funds and Lecta, on March 24, 2026. This case falls under the Foreign Subsidies Regulation (2022/2560) and pertains to a concentration within the pulp and paper manufacturing industries, specifically NACE Rev. 2.1 codes C.17.11, C.17.12, C.17.21, C.17.25, G.46.86, and G.46.9. The expiry of these periods suggests a resolution or a move to the next stage of the investigation.

While the document indicates the expiry of provisional measures, the specific outcome or any required actions for the involved parties are not detailed. Compliance officers should note that this case involves the EU's Foreign Subsidies Regulation, which aims to address market distortions caused by foreign subsidies. Further details on the final decision or any ongoing obligations for Apollo Funds and Lecta would be critical for understanding the full implications and ensuring continued compliance with EU competition law.

What to do next

  1. Monitor for final decision in EC Foreign Subsidies Case FS.100314
  2. Review final decision for any compliance obligations related to foreign subsidies

Source document (simplified)

FS.100314

Foreign Subsidies Subscribe for updates

APOLLO FUNDS / LECTA

Last decision date: 24.03.2026 Notification date: 17.02.2026 Provisional deadline: 24.03.2026 Case type: Concentration Regulation: 2022/2560 Economic activities: C.17.11 - Manufacture of pulp (NACE Rev. 2.1) C.17.12 - Manufacture of paper and paperboard (NACE Rev. 2.1) C.17.21 - Manufacture of corrugated paper, paperboard and containers of paper and paperboard (NACE Rev. 2.1) C.17.25 - Manufacture of other articles of paper and paperboard (NACE Rev. 2.1) G.46.86 - Wholesale of other intermediate products (NACE Rev. 2.1) G.46.9 - Non-specialised wholesale trade (NACE Rev. 2.1) Decisions The provisional deadline and the suspension period under FSR expired on of 24.03.2026

Source

Analysis generated by AI. Source diff and links are from the original.

Classification

Agency
EC
Filed
February 17th, 2026
Instrument
Enforcement
Legal weight
Binding
Stage
Final
Change scope
Substantive
Document ID
FS.100314
Docket
FS.100314

Who this affects

Applies to
Manufacturers
Industry sector
3254 Pharmaceutical Manufacturing 4231 Wholesale Trade 3114 Food & Beverage Manufacturing
Activity scope
Mergers & Acquisitions Foreign Subsidies Review
Geographic scope
European Union EU

Taxonomy

Primary area
Antitrust & Competition
Operational domain
Compliance
Topics
Foreign Investment Mergers & Acquisitions

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