PT
Autoridade da Concorrência

Case details

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Merger control
Case reference
CCENT/2008/7 - SOARES DA COSTA /CONTACTO
Acquired
Contacto, Sociedade de Construções, S.A.
Description
is a Portuguese-registered company belonging to the Sonae Group; it operates in the construction and public works sector. At present, Contacto is controlled directly by Efanor, SGPS, SA.
Acquiring
Soares da Costa Construção, SGPS, S.A.
Description
a sub-holding company of the "Soares da Costa Group", which has controlling shareholdings in various undertakings, operating in Portugal, that are active in the field of construction and public works. Soares da Costa is controlled by the group holding company - Manuel Fino, SGPS, SA - which is also present, through other sub-holdings of the group, in subsidiary construction industries or highly specialised industries and in the area of franchises and property.
Sector
  • Construction
Activity (NACE)
  • F42 - Civil engineering
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 14 January 2008, this merger operation consists of the acquisition, by Soares da Costa Construção, SGPS, SA ("Soares da Costa"), of exclusive control of the company Contacto - Sociedade de Construções SA ("Contacto"), by means of the acquisition of its total registered capital.
Timeline
2008-02-07
Competition Authority authorises acquisition, by Soares da Costa Construção SGPS, SA, of exclusive control of Contacto - Sociedade de Construções SA, companies that operate in the construction and public works sector
2008-01-21
Publication of the announcement
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