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Case details

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Merger control
Case reference
CCENT/2006/37 - ARCOLGESTE/PTG
Acquired
Arcolgeste - Gestão de Participações e Investimentos Imobiliários, S.A
Description
a holding company of the DIGAL Group, which owns and manages shareholdings in a group of other companies that mainly operate in the marketing and distribution of gas and related products.
Acquiring
PTG - Sociedade Gestora de Participações Sociais, S.A.
Description
a holding company belonging to the Teixeira Duarte Group, which owns and manages shareholdings in a group of other companies that mainly operate in the marketing and distribution of liquid fuels, lubricants and related products;
Sector
  • Supply and Food Industry
Activity (NACE)
  • G46 - Wholesale trade (include commission trade), except of motor vehicles and motorcycles
Applicable legislation
Art. 9(1)(b) (Law 18)
Notification thresholds
Turnover
Type of merger
Conglomerate
Cooperation with sector regulators
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Non-opposition
Case description
Notified on 2 August 2006, this merger consists of the creation of a joint undertaking by the undertakings PTG - Sociedade Gestora de Participações Sociais SA ("PTG") and ARCOLGESTE " Gestão de Participações e Investimentos Imobiliários SA ("ARCOLGESTE"), through which they will effect the transfer of the activities carried out by the companies in which they have holdings, in the areas of liquid fuel and lubricant distribution and gaseous fuel distribution.
Timeline
2006-09-11
COMPETITION AUTHORITY approves the creation of a joint undertaking by PTG, SGPS, SA and ARCOLGESTE - Gestão de Participações e Investimentos Imobiliários SA, through which they will effect the transfer of the activities carried out by the companies in which they have holdings, in the areas of lubricant and liquid fuel distribution and gaseous fuel distribution
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