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Autoridade da Concorrência

Case details

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Merger control
Case reference
CCENT/2007/67 - SAG GEST/EGF/SNESGES
Acquired
Ecometais - Sociedade de Tratamentos e Reciclagem, S.A.
Description
carries out de-pollution and fragmentation activities in connection with ELVs (End-of-Life Vehicles) that have been previously decontaminated, light scrap, aluminium scrap, engines, sorting waste, marine/industrial scrap and other metal waste.
Acquiring
Sag Gest Soluções Automóvel Globais, SGPS, S.A.
Description
holding company of the SAG Group. This group operates in the automobile sector, in particular in the sales of new and semi-new vehicles.
Sector
  • Environment and Waste Management
Activity (NACE)
  • E38 - Waste collection, treatment and disposal activities; materials recovery
Applicable legislation
Art. 9(1)(b) (Law 18)
Notification thresholds
Turnover
Type of merger
Conglomerate
Cooperation with sector regulators
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Case description
Notified on 2 October 2007, with effect on 15 October 2007, this merger consists of the acquisition, by the undertaking SAG GEST - Soluções Automóvel Globais, SGPS, SA (hereafter "SAG GEST"), controlled by the SAG Group, of exclusive control of the undertaking Ecometais - Sociedade de Tratamento e Reciclagem SA (hereafter "Ecometais").
Timeline
2007-11-09
COMPETITION AUTHORITY approves acquisition, by SAG GEST - Soluções Automóvel Globais, SGPS, SA, of exclusivie control of Ecometais - Sociedade de Tratamento e Reciclagem SA, which carries out its activities in the field of ferrous and non-ferrous scrap
2007-10-19
Publication of the announcement - (Notice published in the Diário de Notícias and Diário Económico of 19 October 2007)
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