PT
Autoridade da Concorrência

Case details

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Merger control
Case reference
Ccent/2024/32 - 1Thing / Ramada Aços
Acquiring
1Thing, Investments, S.A.
Description
Portuguese company dedicated to the realization, management, acquisition and sale of securities and financial investments.
Acquired
Ramada Aços, S.A.
Description
Portuguese company dedicated to the distribution of steel and the provision of associated services, namely machining and heat treatment services, as well as the sale of industrial tools and cutting tools.
Sector
Activity (NACE)
Applicable legislation
Notification thresholds
Type of merger
Cooperation with sector regulators
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Non-applicable
Case description

The merger operation consists of the acquisition, by 1Thing Investments, S.A. (“1Thing”) of exclusive control over Ramada Aços, S.A. (“Ramada Aços”).
Timeline
2024-06-19
The AdC issued a decision of non-applicability to the merger 32/2024 - 1Thing / Ramada Aços.
2024-05-29
1Thing notifies the acquisition of exclusive control over Ramada Aços.
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