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Autoridade da Concorrência

Case details

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Merger control
Case reference
CCENT/2005/13 - GALP MADEIRA / GASINSULAR
Acquiring
Galp Madeira - Distribuição e Comercialização de Combustíveis e Lubrificantes, Lda.
Description
is an undertaking whose registered capital is 100%-owned by Petróleos de Portugal - Petrogal, S.A; it distributes, stores, transports and markets liquid and gaseous fuels, lubricants and other petroleum derivatives in the Autonomous Region of Madeira;
Acquired
Gasinsular - Combustíveis do Atlântico, S.A.
Description
is an undertaking established with the assets and liabilities relating to CORAMA´s fuel business; its business activities involve the wholesale trading of liquid and gaseous fuels and their derivatives.
Sector
  • Supply and Food Industry
Activity (NACE)
  • G46 - Wholesale trade (include commission trade), except of motor vehicles and motorcycles
  • G47 - Retail trade, except of motor vehicles and motorcycles
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
Notified on 22 February 2005, the merger consists of the acquisition by GALP MADEIRA- Distribuição e Comercialização de Combustíveis e Lubrificantes, Lda. (GALP MADEIRA), from CORAMA- Combustíveis da Madeira, Lda. (CORAMA), of the total registered capital of GASINSULAR - Combustíveis do Atlântico, S.A. (GASINSULAR).
Timeline
2005-04-14
Competition Authority approves the acquisition by GALP MADEIRA of the total registered capital of GASINSULAR
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