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Autoridade da Concorrência

Case details

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Merger control
Case reference
CCENT/2007/14 - TEIXEIRA DUARTE / MARINERTES
Acquired
Marinertes
Description
a society whose corporate object is aggregate and maintenance dredging, the production, marketing and transport of aggregates and construction materials, private and public works in a land or maritime environment, and the purchase and sale of equipment.
Acquiring
Teixeira Duarte
Description
a company whose economic activity is carried out in the construction and public works sector;
Sector
  • Extractive and manufacturing Industries
Activity (NACE)
  • B08 - Other mining and quarrying
Applicable legislation
Inapplicability (Law 18)
Notification thresholds
Inapplicability (Law 18)
Type of merger
Horizontal
Cooperation with sector regulators
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Non-applicable
Case description
Notified on 23 February 2007, with effect on 13 March 2007, this merger consists of the acquisition, by TEIXEIRA DUARTE - Engenharia e Construções SA ("TEIXEIRA DUARTE"), of sole control of the company MARINERTES SA ("MARINERTES"), through the purchase from Seadredge Lda of a share in its registered capital.
Timeline
2007-04-09
Competition Authority considers that the acquisition of sole control of MARINERTES SA by TEIXEIRA DUARTE - Engenharia e Construções SA is not covered by the obligation to provide prior notification.
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