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Autoridade da Concorrência

Case details

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Merger control
Case reference
CCENT/2008/15 - TOP ATLÂNTICO/ ACTIVOS POLICARPO e ACTIVOS PORTIMAR
Acquired
Assets Policarpo
Description
these consist of two commercial establishments that provide travel agency services; they are located in Evora and Oporto
Acquired
Assets Portimar Madeira
Description
these consist of a shop in Madeira Airport, Funchal, that provides travel agency services
Acquiring
Top Atlântico - Viagens e Turismo, S.A.
Description
a member company of Grupo Espírito Santo Viagens; it carries out activities involving the provision of travel agency and tour operator services
Sector
  • Tourism & leisure activities 
Activity (NACE)
  • N79 - Travel agency, tour operator, reservation service and related activities
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 21 February 2008, with effect on 3 March 2008, this merger operation consists of the acquisition, by the undertaking TOP ATLÂNTICO - VIAGENS E TURISMO SA (hereafter TOP ATLÂNTICO) of exclusive control of ASSETS held by Policarpo - Viagens e Turismo Lda (hereafter POLICARPO ASSETS) and ASSETS held by Portimar Madeira - Agência de Viagens e Turismo Lda (hereafter PORTIMAR ASSETS).
Timeline
2008-04-10
Competition Authority authorises acquisition of exclusive control of Assets of Policarpo - Viagens e Turismo Lda, consisting of trading establishments, in Evora and Oporto, that provide travel agency services
2008-03-07
Publication of the announcement
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