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Merger control
Case reference
CCENT/2005/9 - ESPIRITO SANTO TOURISM (EUROPE), S.A./ESPIRITO SANTO VIAGENS, S.G.P.S., S.A.
Acquiring
Espirito Santo Tourism (europe), S.A.
Description
the company´s business activity is the management of Espírito Santo Group shareholdings in tourist enterprises
Acquired
Espirito Santo Viagens, S.G.P.S., S.A.
Description
an undertaking that is active in the provision of consumer travel and tourism services
Sector
  • Tourism & leisure activities 
Activity (NACE)
  • N79 - Travel agency, tour operator, reservation service and related activities
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
Case description
Notified on 4 February 2005, this merger consists of the acquisition by ESPIRITO SANTO TOURISM (EUROPE) S.A. ("EST") of sole control of ESPIRITO SANTO VIAGENS, S.G.P.S., S.A., hitherto jointly controlled by EST and COMENDADOR RUI ALBERTO DE RODRIGUEZ HORTA.
Timeline
2005-03-21
Competition Authority approves the acquisition of sole control of ESPIRITO SANTO VIAGENS, S.G.P.S., S.A. by ESPIRITO SANTO TOURISM (EUROPE) S.A.
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