PT
Autoridade da Concorrência

Case details

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Merger control
Case reference
Ccent/2023/8 - Urbaser / Industrial Waste NewCo
Acquired
Industrial Waste NewCo
Description
It is a vehicle company to be set up that will own SUMA's industrial waste business unit and which will form part of several companies that operate in the markets for the collection and treatment of hazardous and non-hazardous industrial waste, as well as the collection, transport, and treatment of used oils.
Acquiring
Urbaser, S.A.U.
Description
It is the parent company of an international group operating in the sectors of urban services, waste treatment and water management, based in Spain. It is controlled by Platinum Equity, LLC an American international private equity investment company. Urbaser operates in Portugal through its minority stake in SUMA, the parent company of a group of companies operating in the waste management sector.
Sector
  • Environment and Waste Management
Activity (NACE)
  • E3811 - Collection of non-hazardous waste
  • E3812 - Collection of hazardous waste
  • E3821 - Treatment and disposal of non-hazardous waste
  • E3822 - Treatment and disposal of hazardous waste
Applicable legislation
Art. 37(1)(a) and (c) (Law 19)
Notification thresholds
Market Share and Turnover thresholds
Type of merger
Conglomerate
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 Industrial Waste NewCo by URBASER, S.A. 
Timeline
2023-03-29
The AdC issued a non-opposition decision to the merger 8/2023 - Urbaser / Industrial Waste NewCo
2023-03-10
URBASER notifies the acquisition of exclusive control over a vehicle company to be constituted that will own SUMA's industrial waste business unit (“Industrial Waste NewCo”).
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