Apollo Capital (APO) and Didavid Management received EU clearance to jointly acquire Spain-based sports e-commerce firm Tradeinn, the European Commission said Wednesday.

No financial information was provided.

The commission said the transaction was reviewed under a simplified procedure and raised no competition concerns due to the firms' lack of overlapping or vertical market activities.

The deal centers on Tradeinn's global online retail operations for sporting goods, including equipment, clothing, and footwear, the European Commission said.