Case details

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Merger control
Case reference
Ccent/2022/13 - DST / EPS
Acquirer
DST, SGPS, S.A.
Description
Parent company of the DST Group, which operates in the engineering and construction, renewable energy, telecommunications, ventures and real estate sectors, essentially in Portugal.
Target
Efacec Power Solutions, SGPS, S.A.
Description
Parent company of the Efacec Group, which essentially operates in the energy sector, manufacturing equipment (transformers, high and medium voltage switchgear, primary and secondary distribution) that cover the entire value chain of the energy sector, from energy generation transmission and distribution, including the maintenance and renewal of such equipment. The Efacec Group also develops integrated solutions and systems for energy, environment, industry, transport and electric mobility infrastructures, inside and outside Portugal.
Sector
Banking, Financial and Insurance activities
Activity (NACE)
Management activities of holding companies
Applicable legislation
Art. 37(1)(b) and (c) (Law 19)
Notification thresholds
Combined and Turnover thresholds
Type of merger
Vertical
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 Efacec by DST Group.
Timeline
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