Case details

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Merger control
Case reference
CCENT/2007/42 - METALGEST / SPORT LISBOA E BENFICA
Acquired
Benfica SAD
Description
is a company whose corporate purpose is sport; it is responsible for all the functions inherent in the professional management of the Sport Lisboa e Benfica football team, in particular, participation in sporting competitions involving professional football at a national and international level, the training of football players, the exploitation of television rights via unencrypted and encrypted television channels, and the exploitation of the "Benfica" brand through the professional football team and sporting events
Acquiring
Metalgest
Description
the Metalgest group consists of undertakings operating in various business areas, in particular, the management of financial investments, the production and marketing of tobaccos and feedstuffs, the hotel industry, the wine-growing industry, milling, and the exploitation and operation of a cable television distribution network;
Sector
  • Others
  • Tourism & leisure activities 
Activity (NACE)
  • R93 - Sports activities and amusement and recreation activities
Applicable legislation
Art. 9(1)(a) (Law 18)
Notification thresholds
Market share
Type of merger
Conglomerate
Cooperation with sector regulators
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Case description
Notified on 26 June 2007, with effect on 18 July 2007, this merger consists of the acquisition of sole control of Sport Lisboa e Benfica - Futebol SAD (hereafter "Benfica SAD") by Metalgest - Sociedade de Gestão SGPS, SA (hereafter "Metalgest"), via a takeover bid.
Timeline
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