Case details

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Merger control
Case reference
CCENT/2008/65 - ORQUASA/ QUIMITÉCNICA - Serviços
Acquiring
Orquasa
Description
a special purpose entity for the operation notified, one that does not yet exercise any economic activity; it is controlled, directly, by the company Eco-Oil - Tratamento de Águas Contaminadas SA ("Eco-Oil"), which operates in the treatment of oily water and mixtures. This, in turn, is controlled by the parent company of the group, Quimitécnica Ambiente - Tratamento de Resíduos e Efluentes SA ("Quimitécnica Ambiente"), which is active in the industrial waste sector and other fields in the environmental area, in particular in recycling, soil remediation and decontamination, and environmental services and consultancy;
Acquired
Quimitécnica - Serviços
Description
its economic activity is the marketing of chemical products and the provision of services related to them; it controls two subsidiaries: Quimitécnica.Com - Comércio e Indústria SA ("Quimitécnica.Com") - which is active solely in the marketing and distribution of chemical products - and Quimitécnica Serviços de Gestão e Consultoria Económica-Financeira Lda ("Quimitécnica Subsidiária"), which provides accounting and management and financial consultancy services to the undertakings in the group; it belongs to the undertaking CUF - Companhia União Fabril SGPS SA.
Sector
  • Extractive and manufacturing Industries
Activity (NACE)
  • C20 - Manufacture of chemicals, chemical products and man-made fibres, except pharmaceutical products
Applicable legislation
Art. 9(1)(a) (Law 18)
Notification thresholds
Market share
Type of merger
Conglomerate
Cooperation with sector regulators
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Case description
Notified on 27 November 2008, with effect on 9 December 2008, this merger operation consists of the acquisition of exclusive control of Quimitécnica - Serviços Comércio e Indústria de Produtos Químicos SA ("Quimitécnica - Serviços") and its subsidiaries by the special purpose entity Orquasa - Origem Química e Ambiente SA ("Orquasa"), by means of the acquisition of 100 per cent of the shares representing its registered capital.
Timeline
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