PT
Autoridade da Concorrência

Case details

Print
Merger control
Case reference
Ccent/2022/10 - Captrain Holding / Takargo*Ibercargo
Acquiring
Captrain Holding SAS
Description
Subsidiary of SNCF that owns, directly or indirectly, subsidiaries of railway companies engaged in the rail transport of goods and logistics operations in several European markets.
Acquired
Ibercargo Rail, S.A.
Description
Company under Spanish law dedicated to the provision of cross-border rail freight services between Portugal and Spain. The share capital of Ibercargo is equally held by Takargo and Captrain España, S.A. (a company incorporated in Spain, 100% owned by Captrain Holding).
Acquired
Takargo - Transporte de Mercadorias, S.A.
Description
Public limited company dedicated mainly to the provision of rail freight services in Portugal. Takargo is also involved in providing cargo handling and storage services, container repair services, railway equipment traction services, railway equipment handling and professional training.
Sector
  • Transport & Infrastructure
Activity (NACE)
  • H492 - Freight transport via railways
Applicable legislation
Art. 37(1)(a) (Law 19)
Notification thresholds
Market Share threshold
Type of merger
Conglomerate
Cooperation with sector regulators
  • AMT - Mobility and Transport Authority
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 Takargo and Ibercargo Rail (indirectly) by Captrain Holding.
Timeline
2022-04-20
The AdC issued a non-opposition decision to the merger 10/2022 - Captrain Holding / Takargo*Ibercargo.
2022-03-23
The Captrain Holding notifies the acquisition of sole control over Takargo.
Click here to see your activities