PT
Autoridade da Concorrência

Case details

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Merger control
Case reference
CCENT/2007/80 - NIKE/UMBRO
Acquiring
NIKE, Inc.
Description
a multinational company, headquartered in the USA and quoted on the New York Stock Exchange; it operates in the field of clothing, footwear, and sports and leisure equipment
Acquired
Umbro, plc
Description
the design, production and marketing of footwear, clothing and sports equipment. The undertaking has an independent licensed distributor in Portugal.
Sector
  • Extractive and manufacturing Industries
Activity (NACE)
  • C14 - Manufacture of wearing apparel
  • C15 - Manufacture of leather and related products
Applicable legislation
Art. 9(1)(a) (Law 18)
Notification thresholds
Market share
Type of merger
Horizontal
Cooperation with sector regulators
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Non-opposition
Case description
Notified on 14 December 2007, the present merger operation consists of the acquisition, by the undertaking Nike Inc. (hereafter "Nike"), via Nike Vapor Ltd. (a 100%-owned subsidiary of Nike, set up for the purpose of the present transaction), of exclusive control of Umbro PLC (hereafter "Umbro").
Timeline
2008-01-24
Competition Authority authorises acquisition, by Nike Inc., via Nike Vapor Ltd., of exclusive control of Umbro PLC, which designs, produces and markets footwear, clothing and sports equipment
2007-12-14
Publication of the announcement
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