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Merger control
Case reference
CCENT/2006/2 - AXA LBO III, FCPR/AXA INVESTMENT MANAGERS PRIVATE EQUITY EUROPE, S.A./AIXAM-MEGA, S.A.
Acquired
Aixam-Mega
Description
a European undertaking that produces and distributes quadricycles. It is present in Portugal through Aixam-Lusitana, Sociedade de Comercialização de Automóveis SA.
Acquiring
AXA Investment Managers Private Equity Europe, S.A.
Description
an AXA Group undertaking - a group that operates in insurance and asset management; it is active in fund management
Sector
  • Supply and Food Industry
Activity (NACE)
  • G45 - Wholesale and retail trade and repair of motor vehicles and motorcycles
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 6 January 2006, this merger consists of the acquisition by Fundos AXA LBO III, FCPR, managed by Axa Investment Managers Private Equity Europe SA (Axa Private Equity) of sole control of AIXAM-MEGA SA (Aixam-Mega).
Timeline
2006-02-15
Competition Authority approves the acquisition of sole control of AIXAM-MEGA, SA by Fundos AXA LBO III, FCPR, which are managed by Axa Investment Managers Private Equity Europe SA
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