Case details

Print
Merger control
Case reference
CCENT/2004/2 - CAIXA GERAL DE DEPÓSITOS, S.A.(CGD)-BANCO ESPIRITO SANTO S.A.(BES) / LOCARENT-COMPANHIA PORTUGUESA DE ALUGUER DE VIATURAS, S.A.(Locarent)
Acquiring
Banco Espírito Santo, S.A .
Description
Company active in the financial/banking sector.
Acquiring
Caixa Geral de Depósitos, S.A.
Description
Company active in the financial/banking sector.
Acquired
Locarent - Companhia Portuguesa de Aluguer de Viaturas, S.A.
Description
Company active in the car rental industry sector.
Sector
  • Others
Activity (NACE)
  • N77 - Renting activities
Applicable legislation
Art. 9(1)(b) (Law 18)
Notification thresholds
Turnover
Type of merger
Horizontal
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 joint control over LOCARENT-COMPANHIA PORTUGUESA DE ALUGUER DE VIATURAS, S.A.(Locarent) by CAIXA GERAL DE DEPÓSITOS, S.A.(CGD)-BANCO ESPIRITO SANTO S.A.(BES)
Timeline
Click here to see your activities