PT
Autoridade da Concorrência

Case details

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Merger control
Case reference
CCENT/2007/26 - VISTA & / INDAS
Acquired
Indas
Description
is a group that produces and markets health products, cosmetics and hygiene products. More specifically, Indas Portugal carries out the activity of marketing absorbent products (e.g. incontinence products, babies nappies, sanitary towels) and wet wipes.
Acquiring
Vista Desarrollo, S.A, S.C.R.
Description
is a venture capital company, 100%-owned by the bank Santander Central Hispano SA, which is the parent company of the Santander Central Hispano Group ("SCH Group"). Its corporate purpose is the temporary ownership of shareholdings in non-financial undertakings not admitted to trading on the regulated market.
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 26 March 2007, this merger consists of the acquisition, by the company Vista Desarrollo SA, SCR (hereafter "Vista Desarrollo"), of sole control of the Spanish-registered company Laboratórios Indas SA (hereafter "Indas"), as well as, by this means, of its subsidiary Indas Portugal, Produtos de Saúde, Hospitalares e de Higiene Lda (hereafter "Indas Portugal").
Timeline
2007-05-17
Competition Authority approves acquisition, by the company Vista Desarrollo SA, SCR, of sole control of the Spanish-registered company Laboratórios Indas SA, as well as, by this means, of its subsidiary Indas Portugal, Produtos de Saúde, Hospitalares e de Higiene Lda
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