PT
Autoridade da Concorrência

Case details

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Merger control
Case reference
CCENT/2005/61 - JOSÉ DE MELLO/ TMG/ EFACEC CAPITAL
Acquired
Efacec Capital SGPS, S.A.
Description
a shareholding management company in the Efacec group; it operates in various business areas, in particular energy, transport, maintenance, industry and buildings, logistics, telecommunications and the environment.
Acquiring
José de Mello - Sociedade Gestora de Participações Sociais, S.A.
Description
a shareholding management company in the José de Mello group; it operates in various business areas, in particular the health service area (including publicly and privately managed hospitals), the production of fertilizers and industrial chemicals, construction, and the promotion and management of real estate projects;
Acquiring
Tecnoholding, SGPS, S.A.
Description
a shareholding management company recently incorporated for the purpose of this transaction; it was initially 100%-owned by José de Mello;
Acquiring
Têxtil Manuel Gonçalves, SGPS, S.A.
Description
a shareholding management company in the Têxtil Manuel Gonçalves group; it carries out its activities in the textile and energy production sectors;
Sector
  • Construction
  • Extractive and manufacturing Industries
Activity (NACE)
  • C27 - Manufacture of electrical equipment
  • F43 - Specialised construction activities
Applicable legislation
Art. 9(1)(a) and (b) (Law 18)
Notification thresholds
Turnover and market share
Type of merger
Conglomerate
Cooperation with sector regulators
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Case description
Notified on 7 October 2005, this merger consists of the acquisition of joint control of Efacec Capital SGPS SA ("Efacec Capital") by José de Mello - Sociedade Gestora de Participações Sociais SA ("José de Mello") and Têxtil Manuel Gonçalves SGPS SA ("TMG"), via the special purpose vehicle Tecnoholding SGPS SA ("Tecnoholding") - jointly controlled by José de Mello and TMG.
Timeline
2006-01-03
Competition Authority approves the acquisition by José de Mello - Sociedade Gestora de Participações Sociais SA and Têxtil Manuel Gonçalves SGPS, SA of joint control of Efacec Capital SGPS, SA
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