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PesquisAdC
CCENT/2008/18
Case details
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Merger control
Case reference
CCENT/2008/18 - EDP / PORTGÁS
Acquiring
EDP Gás - SGPS, S.A.
Description
an undertaking wholly owned by Grupo EDP; it manages shareholdings in other companies, in particular in the gas sector - one of which is the company now acquired;
Acquired
Portgás - Sociedade de Produção e Distribuição de Gás, S.A.
Description
a company with an exclusive public-service franchise for the distribution of natural gas. Its economic activity consists of the development and operation of the public gas-distribution network in the northern coastal region of Portugal. This public-service franchise was assigned to Portgás by the Portuguese state in 1993 for a period of 35 years (until 2028). The franchise area covers 29 municipalities in the districts of Oporto, Braga and Viana do Castelo. At present, Portgás is jointly controlled by Grupo EDP and the undertakings GDF International SA and ELYO SA (at present, Suez Energie Services).
Sector
Energy and Fuels
Activity (NACE)
D35 - Electricity, gas, steam, cold and hot water and cold air
Applicable legislation
Art. 9(1)(a) and (b) (Law 18)
Notification thresholds
Turnover and market share
Type of merger
Horizontal
Cooperation with sector regulators
ERSE - Regulatory Authority for Energy Services
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Case description
Notified on 22 February 2008, this merger operation consists of the acquisition, by the undertaking EDP Gás - SGPS, SA (EDP Gás), of exclusive control of the undertaking Portgás -Sociedade de Produção e Distribuição de Gás SA (Portgás).
Timeline
2008-04-03
COMPETITION AUTHORITY authorises acquisition, by EDP Gás - SGPS, SA, of exclusive control of Portgás ? Sociedade de Produção e Distribuição de Gás SA, a company with an exclusive public-service franchise for the distribution of natural gas; its economic activity consists of the development and operation of the public gas-distribution network in the northern coastal region of Portugal
2008-02-29
Publication of the announcement
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