Case details

Print
Merger control
Case reference
CCENT/2005/22 - BRISA/AEA/AEO
Acquired
Auto-Estradas do Atlântico - Concessões Rodoviárias de Portugal, S.A.
Description
motorway concessionaire, under the terms of the contract signed with the Portuguese state following the public invitation to tender for the motorway concession in the western region of Portugal, for which purpose it was established. This undertaking is 100% owned by Auto-Estradas do Oeste and its shareholders.
Acquiring
Auto-Estradas do Oeste
Description
an undertaking whose business activity involves the design and planning of road construction, financing, operation and maintenance in Portugal, the presentation of bids for the respective concessions, and the provision of any services that are directly or indirectly related to the activities mentioned above; jointly with its shareholders, this undertaking holds the total registered capital of Auto-Estradas do Atlântic.
Acquiring
BRISA - Auto-Estradas de Portugal, S.A.
Description
a Euronext-Lisbon quoted company whose corporate object is to build, maintain and operate motorways, including the respective service areas, on a concession basis, to study and construct the country´s infrastructure, and to carry out any activities that are complementary, subsidiary or accessory to the latter.
Sector
  • Liberal Professions
Activity (NACE)
  • M71 - Architectural, engineering and related technical activities; technical testing and analysis
Applicable legislation
Art. 9(1)(a) and (b) (Law 18)
Notification thresholds
Turnover and market share
Type of merger
Horizontal
Cooperation with sector regulators
Status
Closed
Type of Investigation
Phase 2 - In-depth investigation
AdC’s decision
Prohibition
Case description
Notified on 24 March 2006, this merger consists of the indirect acquisition of joint control of Auto-Estradas do Atlântico - Concessões Rodoviárias de Portugal, S.A., by Brisa - Auto-Estradas de Portugal. S.A., via its subsidiary Via Oeste, SGPS, S.A., and by Auto-Estradas do Oeste - Concessões Rodoviárias de Portugal, S.A.
Timeline
2006-04-07
2005-07-04
Phase I Decision
Click here to see your activities