PT
Autoridade da Concorrência

Case details

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Merger control
Case reference
CCENT/2005/11 - EUROPAC/GESTCARTÃO
Acquired
Gescartão, Sociedade Gestora de Participações Sociais, S.A.
Description
an undertaking that manages shareholdings in a series of companies whose main economic activities involve the production and marketing of paper, corrugated case material and packaging/boxes made of corrugated case material;
Acquiring
Papeles Y Cartones de Europa, S.A. (EUROPAC)
Description
a commercial undertaking, under Spanish law; its main economic activity is the production and marketing of paper, corrugated case material and packaging/boxes made of corrugated case material
Sector
  • Extractive and manufacturing Industries
Activity (NACE)
  • C17 - Manufacture of paper and paper products
Applicable legislation
Art. 9(1)(a) (Law 18)
Notification thresholds
Market share
Type of merger
Horizontal
Cooperation with sector regulators
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Non-opposition
Case description
Notified on 14 February 2005, this merger consists of the indirect acquisition by the undertaking Papeles Y Cartones de Europa, S.A. (EUROPAC) of sole control of the undertaking Gescartão, Sociedade Gestora de Participações Sociais, S.A. (GESCARTÃO), by means of the purchase from Sonae, SGPS, S.A., of shares representing 50% of the registered capital of the undertaking Imocapital, SGPS, S.A.
Timeline
2005-04-07
Competition Authority approves the acquisition by Papeles Y Cartones de Europa, S.A. of sole control of Gescartão, Sociedade Gestora de Participações Sociais, S.A.
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