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Autoridade da Concorrência

Case details

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Merger control
Case reference
CCENT/2008/29 - MOTA ENGIL / ES CONCESSÕES/ ASCENDI
Acquired
Aenor / Beiras Litoral e Alta / Costa de Prata / Grande Porto / Lisboa
Description
Company active in the road infrastructure sector.
Acquiring
ES Concessões, SGPS, S.A.
Description
a holding company controlled by Grupo Banco Espírito Santo, which manages the shareholdings held by this group in companies with transport infrastructure franchises.
Acquiring
Mota-Engil Concessões de Transportes, SGPS, S.A.
Description
a holding company controlled by Grupo Mota-Engil, which manages the shareholdings held by this group in companies with transport infrastructure franchises.
Sector
  • Transport & Infrastructure
Activity (NACE)
  • H52 - Warehousing and support activities for transportation (include cargo handling)
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 9 May 2008, this merger consists of the acquisition of joint control - by means of a joint-venture, Ascendi, Concessões de Transportes SGPS, SA ("Joint-venture"), controlled by Mota-Engil Concessões de Transportes SGPS, SA ("ME Concessões") and ES Concessões SGPS, SA ("ES Concessões") - of five companies with motorway franchises.
Timeline
2008-06-19
COMPETITION AUTHORITY authorises MOTA ENGIL / ES CONCESSÕES/ ASCENDI merger operation
2008-05-19
Publication of the announcement
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