Case details

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Merger control
Case reference
Ccent/2024/40 - Veolia Portugal / AMBITREVO
Acquired
AMBITREVO INVESTIMENTOS, LDA
Description
Acquired
AMBITREVO- Soluções Agrícolas e Ambientais, Lda.
Description
Company whose activity is the provision of a wide range of services in the following areas: (i) waste management (composting and agricultural recovery); (ii) collection and transportation of waste; (iii) industrial and lagoon cleaning services with GEOTUBE technology; and (iv) forest management and production. The company also operates an integrated organic recovery center (“CIVO”) located in Coruche, where different types of waste are received.
Acquiring
VEOLIA PORTUGAL, S.A.
Description
Company directly owned by Veolia Energie Intenational and indirectly by the French company Veolia Environnment S.A., which operates essentially in the areas of: (i) water management; (ii) waste management; and (iii) energy management. It also provides engineering and construction services for special technical installations, optimization and digitalization of processes and environmental awareness and education. In addition, Veolia Portugal also manages energy efficiency in hospitals and public health services.
Sector
  • Environment and Waste Management
Activity (NACE)
  • E3811 - Collection of non-hazardous waste
Applicable legislation
Art. 37(1)(c) (Law 19)
Notification thresholds
Turnover threshold
Type of merger
Horizontal
Cooperation with sector regulators
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Non-opposition
Case description

The merger operation consists of the acquisition by Veolia Portugal, S.A. (“Veolia Portugal”) of the entire share capital of AMBITREVO Soluções Agrícolas e Ambientais, Lda (“AMBITREVO”), as well as the share capital held by this company in Ambitrevo Investimentos, Lda..

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