Case details

Merger control

Case reference

CCENT/2006/49 - DOVER TECHNOLOGIES/MARKEM CORPORATION

Acquiring

Dover Technologies Inc.

Description

is a US-registered company, quoted on the stock exchange, which manufactures automatic assembly and test equipment for the electronics industry, industrial printers and supplies for coding and marking. In Portugal, Dover Technologies operates through a subsidiary, Image Tecnologias de Codificação Lda.

Acquired

Markem Corporation

Description

is a US-registered company that produces inkjet, laser and thermal printers and tracking and application printing systems. Markem has no subsidiaries in Portugal: its products are distributed through an independent importer/distributor, MARQUE TDI - Tecnologias de Codificação SA.

Sector

Extractive and manufacturing Industries

Activity (NACE)

C28 - Manufacture of machinery and equipment n.e.c.

Applicable legislation

Art. 9(1)(a) (Law 18)

Notification thresholds

Market share

Type of merger

Horizontal

Cooperation with sector regulators

Status

Closed

Type of Investigation

Phase 1

AdC’s decision

Case description

Notified on 13 October 2006, this merger consists of the acquisition by the undertaking DOVER TECHNOLOGIES INC. (henceforth "Dover Technologies") of sole control of the total registered capital of MARKEM CORPORATION (henceforth "Markem").

Timeline

2006-11-30

COMPETITION AUTHORITY approves the acquisition of sole control of MARKEM CORPORATION by DOVER TECHNOLOGIES INC

2006-10-23

Publication of the announcement

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Case details