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Autoridade da Concorrência

Case details

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Merger control
Case reference
CCENT/2007/47 - FINANÇOR/NLS INDÚSTRIA
Acquiring
Finançor
Description
a Portuguese-registered company that is controlled by the Grupo Fincançor holding company Finançor SPGS, SA. Grupo Finançor is present in the Autonomous Region of the Azores ("ARA") in various areas of activity: the manufacture and marketing of compound feed for animals (feedstuffs); the manufacture and marketing of flours, biscuits and pastas; beef and poultry production; egg production; and milk production.
Acquired
NSL Indústria
Description
a holding company 100%-owned by Nicolau Sousa Lima SGPS, SA, which, through its subsidiaries, operates in the ARA, in particular in: the production of compound feed for animals (feedstuffs); the production of poultry meat; pig farming for breeding and slaughter; and the production and marketing of organic fertiliser.
Sector
  • Agriculture, forestry & fishing
Activity (NACE)
  • A01 - Agriculture, farming of animals, hunting and related service activities
Applicable legislation
Art. 9(1)(a) (Law 18)
Notification thresholds
Market share
Type of merger
Horizontal
Cooperation with sector regulators
  • ERSE - Regulatory Authority for Energy Services
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Non-opposition
Case description
Notified on 31 July 2007, this merger consists of the projected acquisition of sole control of Nicolau Sousa Lima Indústria SGPS, SA ("NSL Indústria") by Finançor Agro-Alimentar, SA ("FINANÇOR"), by means of the acquisition of its total registered capital, held at present by Banco BPI, SA.
Timeline
2007-08-29
COMPETITION AUTHORITY approves acquisition, by FINANÇOR AGRO-ALIMENTAR SA, of exclusive control of NICOLAU SOUSA LIMA INDÚSTRIA, SGPS, SA, which is active, fundamentally, in the production of compound feed for animals and in meat production in the Autonomous Region of the Azores
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