PT
Autoridade da Concorrência

Case details

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Merger control
Case reference
CCENT/2005/38 - LEASE PLAN/UNIRENT
Acquiring
Lease Plan Portugal
Description
a company that is 100%-owned by Lease Plan Corporation N.V., which, in turn, is controlled by Global Mobility Holding, whose only shareholders are the Volkswagen Group and two financial investors, Mubadala and the Olayan Investment Company. Lease Plan is active in the market for motor vehicle leasing and fleet management;
Acquired
Unirent- Comércio e Aluguer de Bens de Equipamento e Consumo, S.A.
Description
company that is 100%-owned by Europcar Fleet Services GmbH, which, in turn, is controlled by the Volkswagen Group. Unirent is active in the market for motor vehicle leasing and fleet management.
Sector
  • Others
Activity (NACE)
  • N77 - Renting activities
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 1
AdC’s decision
Non-opposition
Case description
Notified on 1 June 2005, this merger consists of the acquisition of joint control of the undertaking UNIRENT- Comércio e Aluguer de Bens de Equipamento e Consumo, S.A. (Unirent) by the investors Mubadala and the Olayan Investment Company, via the undertaking LEASE PLAN PORTUGAL - Comércio e Aluguer de Automóveis e Equipamentos Unipessoal, Lda. (Lease Plan).
Timeline
2005-07-13
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