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Autoridade da Concorrência

Case details

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Merger control
Case reference
CCENT/2006/14 - ERCROS/DERIVADOS FLORESTALES GROUP XXI
Acquired
Derivados Florestales
Description
is a holding company, with its headquarters in Spain, of a group of undertakings that operates in the chemical industry and manufactures, in particular, formaldehyde and its derivatives.
Acquiring
Ercros S.A.
Description
is a holding company, with its headquarters in Spain, of an industrial group that produces and markets products for the chemical, pharmaceutical, veterinary, agrochemical and animal feed industries and that, in addition, operates salt mines.
Sector
  • Extractive and manufacturing Industries
Activity (NACE)
  • C20 - Manufacture of chemicals, chemical products and man-made fibres, except pharmaceutical products
Applicable legislation
Art. 9(1)(a) (Law 18)
Notification thresholds
Market share
Type of merger
Vertical
Cooperation with sector regulators
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Case description
Notified on 30 March 2006, the present merger consists of the acquisition by the company ERCROS SA ("ERCROS") of sole control of the company DERIVADOS FORESTALES GROUP XXI SL ("DERIVADOS FORESTALES"), through the purchase of the totality of the shareholdings in the company.
Timeline
2006-05-18
Competition Authority approves ERCROS SA´s acquisition of sole control of the company DERIVADOS FORESTALES GROUP XXI SL
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