PT
Autoridade da Concorrência

Case details

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Merger control
Case reference
CCENT/2008/61 - AUTO INDUSTRIAL/ Negócio MITSUBISHI
Acquired
Assets Mitsubishi
Description
trading business formerly held by Grupo Fernando Simão - Sociedade de Comércio Automóvel e Representações Lda and now owned by Grupo Auto Industrial; it involves the marketing of Mitsubishi vehicles.
Acquiring
Auto-industrial
Description
a member company of Grupo Auto Industrial; it operates in automobile retailing (new and used vehicles), the sale of spare parts and the provision of authorised repair services, through other companies;
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
The present merger between undertakings, notified on 31 October 2008, in accordance with Article 40 (2) of the merger legislation, with effect on 18 November 2008, consists of the acquisition, by Grupo Auto Industrial, through its holding C.A.M. - Camiões, Automóveis e Motores SA, from Grupo Fernando Simão - Sociedade de Comércio Automóvel e Representações Lda, of exclusive control of the Mitsubishi Business belonging to the latter.
Timeline
2008-12-12
COMPETITION AUTHORITY adopts decision of non-opposition to AUTO INDUSTRIAL/ "Mitsubishi Business" merger
2008-11-20
Publication of the announcement
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