PT
Autoridade da Concorrência

Case details

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Merger control
Case reference
Ccent/2022/19 - AM Texas / VATH
Acquiring
ArcelorMittal SA
Description
Company dedicated to steel and mining, producing semi-finished products (eg slabs, blocks and tickets), finished flat products (eg hot and cold-rolled sheets, coils and sheets, hot-dip galvanized coils and sheets and electrogalvanized, tinplate, and color coated), finished long products (e.g. bars, wire rods, structural profiles, gutters, sheet piles and wire products) and plain tubes and welded tubes .
Acquired
Voestalpine Texas Holding LLC
Description
In Portugal, it sells hot iron briquettes, used in the steel industry.
Sector
  • Supply and Food Industry
Activity (NACE)
  • G4672 - Wholesale of metals and metal ores
Applicable legislation
Art. 37(1)(b) and (c) (Law 19)
Notification thresholds
Combined and Turnover thresholds
Type of merger
Conglomerate
Cooperation with sector regulators
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Non-opposition
Case description

The notified concentration consists of the acquisition of sole control over Voestalpine Texas Holding by ArcelorMittal. 
Timeline
2022-06-01
The AdC issued a non-opposition decision to the merger 19/2022 - AM Texas / VATH.
2022-05-13
The ArcelorMittal notifies the acquisition of sole control over Voestalpine Texas Holding.
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