PT
Autoridade da Concorrência

Case details

Print
Merger control
Case reference
CCENT/2008/52 - OPWAY / RECIGROUP
Acquiring
OPWAY
Description
Holding company of the OPWAY Group; through its holdings it is active in the following sectors, among others: construction, civil engineering and public works; railway construction; the extraction, manufacture and marketing of products in marble, granite and similar types of stone; the manufacture of concrete products; the manufacture of tiles, mosaics and ceramic slabs; and property promotion.
Acquired
Recigroup
Description
Holding company with shareholdings in companies such as Empresa Nacional de Reciclagem de Pneus Lda, which produces cryogenic granulate from end-of-life tyres, and Recipav - Engenharia e Pavimentos, Unipessoal, Lda, which produces and markets rubber-modified bitumen.
Sector
  • Banking, Financial and Insurance activities
  • Environment and Waste Management
  • Extractive and manufacturing Industries
Activity (NACE)
  • C19 -Manufacture of coke, refined petroleum products and fuels briquettes
  • E38 - Waste collection, treatment and disposal activities; materials recovery
  • K64 - Financial service activities, except insurance and pension funding
Applicable legislation
Art. 9(1)(b) (Law 18)
Notification thresholds
Turnover
Type of merger
Conglomerate
Cooperation with sector regulators
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Non-opposition
Case description
Notified on 18 August 2008, with effect on 10 September 2008, this merger operation consists of the acquisition by OPWAY - SGPS, SA (henceforth "OPWAY") of exclusive control of the undertaking RECIGROUP - INDÚSTRIAS DE RECICLAGEM SGPS, SA (henceforth "RECIGROUP").
Timeline
2008-10-09
Competition Authority issues decision not to oppose OPWAY / RECIGROUP merger operation
2008-09-16
Publication of the announcement
Click here to see your activities