Case details

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Merger control
Case reference
CCENT/2005/20 - SERCOS/DESCO
Acquired
Desco- Fábrica Portuguesa de Material Eléctrico e Electrónico, S.A.
Description
an undertaking controlled by Pirelli and Eurelectric that manufactures and markets low voltage electric cables, including cords.
Acquiring
Sercos - Indústria de Condutores Eléctricos, S.A.
Description
an undertaking that is wholly owned by the undertaking Cabospar-Promoção Imobilária, S.A., whose registered capital is 100% owned by Mr Tiago Ferreira Quintas Neiva de Oliveira; it manufactures and markets electric cables, in particular for low voltage lines;
Sector
  • Extractive and manufacturing Industries
Activity (NACE)
  • C27 - Manufacture of electrical equipment
Applicable legislation
Inapplicability (Law 18)
Notification thresholds
Inapplicability (Law 18)
Type of merger
Horizontal
Cooperation with sector regulators
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Case description
Notified on 21 March 2005, this merger consists of the acquisition by the undertaking SERCOS - Indústria de Condutores Eléctricos, S.A. (Sercos), from Pirelli Energie Cables et Systèmes France, S.A. (Pirelli) and Eurelectric, S.A. (Eurelectric), of the total registered capital of DESCO- Fábrica Portuguesa de Material Eléctrico e Electrónico, S.A. (Desco)
Timeline
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