Case details

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Merger control
Case reference
CCENT/2005/21 - FOGECA MILTIAUTO/SETUCAR
Acquiring
Fogeca Multiauto SGPS, S.A.
Description
is a Salvador Group company that manages shareholdings; the companies is active in the automobile sector, importing, distributing and marketing new vehicles, selling spare parts and providing after-sales service.
Acquired
Setucar - Sociedade Gestora de Participações Sociais (SGPS), S.A.
Description
is a company that manages shareholdings; it has holdings in various enterprises - SETUCAR, NOVOMAR, CARVEGA, BARRASET, CARWEB and SETUVEGA - that market new vehicles, used vehicles and spare parts and repair automobiles.
Sector
  • Supply and Food Industry
Activity (NACE)
  • G45 - Wholesale and retail trade and repair 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 5 May 2005, this merger consists of the acquisition by FOGECA MULTIAUTO SGPS, SA of sole control of the undertaking SETUCAR - Sociedade Gestora de Participações Sociais (SGPS), SA.
Timeline
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