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Case details

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Merger control
Case reference
CCENT/2009/1 - I´M / PIRITES ALENTEJANAS
Acquiring
I´M
Description
is a holding company controlled by Dr. Jorge Martins and Eng. Carlos Martins; it manages various shareholdings, particularly in the area of metal construction, power production equipment, power generation, biofuel production and property promotion.
Acquired
Pirites Alentejanas
Description
a member company of the Lundin Mining Group and holder of the franchise rights to exploit mineral deposits in the Aljustrel mine; it is active in the field of mining and the processing and transformation of the ore into zinc and copper concentrate.
Sector
  • Extractive and manufacturing Industries
Activity (NACE)
  • B07 - Mining  and preparation of metal ores
Applicable legislation
Inapplicability (Law 18)
Notification thresholds
Inapplicability (Law 18)
Type of merger
Conglomerate
Cooperation with sector regulators
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Case description
Notified on 5 January 2009, this merger operation consists of the acquisition, by I´M SGPS SA (henceforth "I´M"), of exclusive control of Pirites Alentejanas SA (henceforth "Pirites Alentejanas"), by means of the acquisition of a majority stake in its registered capital.
Timeline
2009-01-29
COMPETITION AUTHORITY adopts a decision of non-applicability in the case of merger 01/2009 - I´M / Pirites Alentejanas
2009-01-09
Publication of the announcement
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