Case details

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Merger control
Case reference
CCENT/2006/22 - IBERSOL /TELEPIZZA
Acquiring
Ibersol, SGPS, S.A.
Description
is an IBERSOL Group holding company whose activity is the management of shareholdings; it is present in the catering sector. VIDISCO SL, a Spanish-registered company belonging to the IBERSOL Group, exploits the Pizza Móvil trade name in Spain.
Acquired
Telepizza, Portugal - Comércio de Produtos Alimentares, S.A. / Telepizza, S.A.
Description
is a Spanish-registered holding company of the group with the same name; its main activity is the exploitation of the Telepizza trade name through its own and franchised establishments.
Sector
  • Trade and Services
Activity (NACE)
  • I56 - Food and beverage service 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 16 May 2006, this merger consists of the acquisition of sole control of TELE PIZZA SA by IBERSOL SGPS SA, via a tender offer for all the shares representing its registered capital and all the convertible bonds in circulation. The offer is launched through VIDISCO SL, a Spanish-registered company whose share capital is held in its entirety, indirectly, by the notifying party.
Timeline
2006-07-27
Phase I Decision
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