Case details

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Merger control
Case reference
CCENT/2007/66 - CPE/SOARES DA COSTA
Acquired
CPE - Companhia de Parques de Estacionamento, S.A.
Description
designs, builds and operates parking lots; it is also involved in the provision of services and the exercise of activities related to parking lots.
Acquiring
Soares da Costa - Concessões, SGPS, S.A.
Description
an undertaking belonging to GRUPO SOARES DA COSTA SGPS, SA - present in the construction and public works sector -, which manages the group´s shareholdings in the field of the operation of public service and infrastructure franchises; it is present, in particular, and with special significance for the effects of this notification and notice, in the operation of parking lots, through Costa Parques - Estacionamento SA.
Sector
  • Construction
Activity (NACE)
  • 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 25 September 2007, with effect on 15 October 2007, this merger consists of the acquisition, by the undertaking Soares da Costa - Concessões SGPS, SA (hereafter "Soares da Costa"), of exclusive control of the undertaking C.P.E. - Companhia de Parques de Estacionamento SA (hereafter "C.P.E.").
Timeline
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