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Autoridade da Concorrência

Case details

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Merger control
Case reference
CCENT/2008/23 - ESEGUR/CidadeGestão
Acquired
Cidade Gestão - Serviços e Gestão, Ldª
Description
An undertaking that operates in the field of outsourced back-office services, in particular document and mailroom management, and, also, in the provision of temporary employment services, via the undertaking Cidade Trabalho Lda.
Acquiring
Esegur, Empresa de Segurança, S.A.
Description
An undertaking whose capital is jointly held by Grupo Banco Espírito Santo and Grupo Caixa Geral de Depósitos. ESEGUR operates in the private security sector, in which it provides services involving: (i) the transport and handling of valuables; (ii) human security; (iii) the design, installation and maintenance of electronic security systems; and (iv) integrated security systems. ESEGUR also provides document and archive management services, in particular archive consultancy, document handling, medium transfer, custody, consultation and elimination.
Acquiring
Grupo Banco Espírito Santo
Description
Company active in the financial/banking sector.
Acquiring
Grupo Caixa Geral de Depósitos
Description
Company active in the financial/banking sector.
Sector
  • Liberal Professions
Activity (NACE)
  • M70 - Activities of head offices; management consultancy activities
Applicable legislation
Art. 9(1)(a) and (b) (Law 18)
Notification thresholds
Turnover and market share
Type of merger
Horizontal
Cooperation with sector regulators
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Case description
Notified on 1 April 2008, this merger consists of the acquisition, by ESEGUR - Empresa de Segurança SA ("ESEGUR"), of exclusive control of the company Cidade Gestão - Serviços e Gestão Ldª ("Cidade Gestão").
Timeline
2008-04-30
COMPETITION AUTHORITY authorises merger between ESEGUR and CidadeGestão
2008-04-08
Publication of the announcement
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