PT
Autoridade da Concorrência

Case details

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Merger control
Case reference
CCENT/2007/35 - GRUPO LENA/ GRUPO ABRANTINA
Acquired
Abrantina
Description
active in the sector covering building and public works, the building equipment and materials trade, and the execution and management of property ventures.
Acquiring
Grupo Lena
Description
active in the agricultural sector, in particular viticulture, and the building and public and private works sector, via the company Construtora do Lena, SGPS, SA, a Grupo Lena holding company.
Sector
  • Construction
Activity (NACE)
  • F41 - Development of building projects; Construction of buildings
  • 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
Case description
Notified on 29 May 2007, with effect on 25 June 2007, this merger consists of the acquisition of joint control of Abiber - Sociedade Gestão de Participações Sociais SA (hereafter "Abiber"), a holding company of Grupo Abrantina (hereafter "Grupo Abrantina"), on the part of Casa Agrícola AVR, SA, and its individual shareholders (hereafter, jointly, "Casa Agrícola").
Timeline
2007-08-16
COMPETITION AUTHORITY approves acquisition, by Casa Agrícola AVR, SA and its individual shareholders, owners of GRUPO LENA, of joint control of Abiber - SGPS, SA, a holding company of GRUPO ABRANTINA; both companies are present in the national construction and public works market.
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