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Autoridade da Concorrência

Case details

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Merger control
Case reference
CCENT/2007/16 - MONTE/MONTEADRIANO
Acquiring
Monte,SGPS, S.A.
Description
a holding company that, besides currently holding a 50% share in the registered capital of MONTEADRIANO, has control of two companies operating in the property sector: Larlima SA and Misticatur SA.
Acquired
Monteadriano
Description
a holding company that operates indirectly, through the companies in which it has holdings, in the construction and public works sector; it is also present in business areas that are ancillary and complementary to this sector
Sector
  • Construction
  • Extractive and manufacturing Industries
Activity (NACE)
  • C23 - Manufacture of other non-metallic mineral products
  • F42 - Civil engineering
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
Non-opposition
Case description
Notified on 26 February 2007, this merger consists of the acquisition, by MONTE, SGPS, SA ("MONTE"), of sole control of MONTEADRIANO - SGPS, SA ("MONTEADRIANO"), a company of which it currently exercises joint control, with ADRIPARTE, SGPS, SA.
Timeline
2007-04-16
Competition Authority approves acquisition by MONTE SGPS, SA of sole control of MONTEADRIANO - SGPS, SA.
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