PT
Autoridade da Concorrência

Case details

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Merger control
Case reference
CCENT/2008/24 - Salvador Caetano / Choice Car
Acquired
Choice Car, SGPS, S.A
Description
a company with shareholdings corresponding to the total registered capital of Choice Car-Comércio de Automóveis SA, Carplus-Comércio de Automóveis SA, Finlog-Aluguer e Comércio de Automóveis SA, Guerin-Rent-A-Car (Dois) Lda, Island Rent, Aluguer de Automóveis SA, and Luso Assistência-Gestão de Acidentes SA. These companies import and distribute new and used/light and heavy motor vehicles, hire out motor vehicles, and provide automobile-related services to companies and individuals, in particular accident management and accident assistance.
Acquiring
Salvador Caetano Auto, SGPS, S.A.
Description
a member company of the Salvador Caetano group; it is wholly owned by the company Grupo Salvador Caetano SGPS, SA, whose holdings are in companies engaged in the motor vehicle trade, motor vehicle maintenance and repair, and the motor vehicle spare parts and accessories trade, among other activities.
Sector
  • Supply and Food Industry
Activity (NACE)
  • G45 - Wholesale and retail trade and repair of motor vehicles and motorcycles
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
Non-opposition
Case description
Notified on 10 April 2008, this merger consists of the acquisition, by Salvador Caetano - Auto - SGPS, SA ("Salvador Caetano"), of exclusive control of the company Choice Car - SGPS, SA ("Choice Car"), by means of the acquisition of shareholdings corresponding to the remaining 50% of the company´s registered capital.
Timeline
2008-06-05
COMPETITION AUTHORITY authorises Salvador Caetano / Choice Car merger operation
2008-04-18
Publication of the announcement
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