Case details

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Merger control
Case reference
Ccent/2024/58 - Siemens Healthineers / Adacap Portugal
Acquired
Advanced Accelerator Applications, S.A.
Description
Company governed by national law, an integral part of Adacap Assets, which, as a whole, manufactures and distributes imaging/diagnostic products, using radioligands, used by hospitals for imaging by Positron Emission Tomography (PET), thanks to its cyclotron network . They also provide radiolabeling services through their radiopharmacies and certain research and development services to Novartis.
Acquiring
Siemens Healthineers AG
Description
Public limited company under German law listed on the Frankfurt Stock Exchange, majority owned by Siemens AG. It is the controlling company of the Siemens Healthineers group (“SHS Group”). The SHS Group provides healthcare solutions and services worldwide, divided into four business segments: (i) imaging; (ii) diagnosis; (iii) Varian; and (iv) advanced therapies.
Sector
  • Extractive and manufacturing Industries
Activity (NACE)
  • C2120 - Manufacture of pharmaceutical preparations
Applicable legislation
Art. 37(1)(a) (Law 19)
Notification thresholds
Market Share threshold
Type of merger
Conglomerate
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 Siemens Healthineers AG (“SHS”), of the European business of manufacturing imaging products using radioligands from the Novartis Group, comprising the acquisition of all shares in several companies held by Advanced Accelerator Applications , SA (“Adacap”), including, in Portugal, the company Advanced Accelerator Applications Portugal Unipessoal Lda. ("Adacap Portugal").

Timeline
2024-10-02
Phase I Decision - The AdC issued a non-opposition decision to the merger 58/2024 - Siemens Healthineers /Adacap Portugal.
2024-09-05
Siemens Healthineers notifies the acquisition of exclusive control over Adacap Portugal.
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