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Autoridade da Concorrência

Case details

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Merger control
Case reference
CCENT/2007/21 - NEWCO /SAG GEST / ALFREDO JOSÉ MENDES DA SILVA BASTOS
Acquiring
Alfredo José Mendes da Silva Bastos
Description
an individual person who exclusively controls Autovia - Sociedade de Automóveis SA, a company that trades in automotive vehicles, in particular as the dealer for the makes Audi, Volkswagen and Skoda;
Acquired
Newco
Description
the company being formed, whose registered capital will be held by SAG Gest and Alfredo José Mendes da Silva Bastos. NEWCO will operate in the automobile sector, specifically in the retail business and the authorised repair business.
Acquiring
Sag Gest
Description
a member company of the SAG Group that is active in the automobile sector, in particular in the distribution area, retail area, specialist retail area, automobile services area and financial services area;
Sector
  • Supply and Food Industry
Activity (NACE)
  • G45 - Wholesale and retail trade and repair of motor vehicles and motorcycles
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 March 2007, this merger operation consists of the formation of a company (NEWCO) by SAG Gest - Soluções Automóveis Globais, SGPS, SA (SAG Gest) and Alfredo José Mendes da Silva Bastos.
Timeline
2007-05-15
Competition Authority approves the formation of a company to operate in the automotive vehicle sector, specifically in the retail business and authorised repair business, with SAG Gest - Soluções Automóveis Globais, SGPS, SA and Alfredo José Mendes da Silva Bastos as its shareholders
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