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Autoridade da Concorrência

Case details

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Merger control
Case reference
CCENT/2007/78 - Galp Energia / Concessão do TGLS - Terminal de Granéis Líquidos do Porto de Sines
Acquiring
CLT
Description
a company wholly owned by the undertaking Petrogal SA, which is held by Galp Energia, SGPS, SA. CLT´s corporate purpose consists of the operation of sea terminals
Acquired - grant
TGLS
Description
Franchised activity, formerly controlled by Administração do Porto de Sines SA, and the subject of the present operation.
Sector
  • Transport & Infrastructure
Activity (NACE)
  • H52 - Warehousing and support activities for transportation (include cargo handling)
Applicable legislation
Art. 9(1)(a) and (b) (Law 18)
Notification thresholds
Turnover and market share
Type of merger
Vertical
Cooperation with sector regulators
Status
Closed
Type of Investigation
Phase 2 - In-depth investigation
AdC’s decision
Non-opposition
Case description
Notified on 4 December 2007, this merger consists of the acquisition, by the undertaking C.L.T. - Companhia Logística de Terminais Marítimos SA (CLT), of exclusive control of the movement of liquid and liquefied cargoes at the Port of Sines Liquid Bulk Terminal and the integrated waste management within the area under the jurisdiction of the Port of Sines (TGLS Franchise).
Timeline
2008-06-26
Competition Authority authorises Galp/Sines Bulk Liquid Terminal merger operation (public service franchise)
2008-03-31
Phase I Decision
2007-12-11
Publication of the announcement
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