Case details

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Merger control
Case reference
CCENT/2007/51 - SONAE DISTRIBUIÇÃO/CARREFOUR (PORTUGAL)
Acquired
Carrefour Portugal Sociedade de Exploração de Centros Comerciais, S.A.
Description
is a company belonging to the Carrefour Group. Carrefour Portugal carries out its activities exclusively within the territory of Portugal, where it is a retail food distributor, currently operating a chain of 12 hypermarket-format stores which operate under the trade name "Carrefour". Carrefour Portugal also markets fuel on a retail basis, through 8 fuel stations.
Acquiring
Sonae Distribuição
Description
Sonae Distribuição, formerly called Modelo Continente, SGPS, SA, is the sub-holding company of the Sonae Group for the retail distribution area. Through this sub-holding company, the group operates in the area of food retailing and non-food retailing in Portugal, via a number of trade names, e.g. Continente, Modelo, Modelo Bonjour, Worten, Sport Zone and Vobis.
Sector
  • Supply and Food Industry
Activity (NACE)
  • G47 - Retail trade, except of motor vehicles and motorcycles
Applicable legislation
Art. 9(1)(a) and (b) (Law 18)
Notification thresholds
Turnover and market share
Type of merger
Horizontal
Cooperation with sector regulators
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Case description
Notified on 6 August 2007, this merger consists of the projected acquisition, by SONAE DISTRIBUIÇÃO, SGPS, SA (hereafter "Sonae Distribuição"), of exclusive control of CARREFOUR (PORTUGAL) - SOCIEDADE DE EXPLORAÇÃO DE CENTROS COMERCIAIS, SA (hereafter "Carrefour Portugal").
Timeline
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