PT
Autoridade da Concorrência

Case details

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Merger control
Case reference
CCENT/2005/68 - GENERAL CABLE SISTEMAS / SAFRAN
Acquiring
Grupo General Cable Sistemas, S.A.
Description
an undertaking under Spanish law, 100%-owned by General Cable Corporation; it operates worldwide in the production of power and telecommunications cables and those for construction, data transmission, instrumentation and control.
Acquired
Safran - Société Anonyme à Directoire et Conseil de Surveillance
Description
an undertaking which will be incorporated under French law for the purpose of the present transaction; all the rights and obligations relating to the Safran cabling department will be transferred to it.
Sector
  • Extractive and manufacturing Industries
Activity (NACE)
  • C27 - Manufacture of electrical equipment
Applicable legislation
Art. 9(1)(a) (Law 18)
Notification thresholds
Market share
Type of merger
Horizontal
Cooperation with sector regulators
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Case description
Notified on 31 October 2005, this merger consists of the acquisition by Grupo General Cable Sistemas SA, of the electric cable and telecommunications department of Safran, Société Anonyme à Directoire et Conseil de Surveillance, (referred to below as "Cable Silec"), with the transferral of all the rights and obligations relating to that department.
Timeline
2005-12-09
Competition Authority approves Grupo General Cable Sistemas acquisition of sole control of Cable Silec´s electric cable and telecommunications department
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