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Autoridade da Concorrência

Case details

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Merger control
Case reference
CCENT/2009/16 - PLATINUM EQUITY / AEES
Acquired
AEES
Description
world leader in the design, development and production of high-quality electrical distribution systems for motor vehicles; it works with the main vehicle producers and their suppliers.
Acquiring
Platinum
Description
a company specializing in the acquisition of companies that provide services and solutions in a broad range of businesses, including, among others, information technology, telecommunications, logistics, metal services, production and distribution.
Sector
  • Extractive and manufacturing Industries
Activity (NACE)
  • C29 - Manufacture of motor vehicles, trailers, semi-trailers and parts and accessories for motor vehicles
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 11 May 2009, this merger operation consists of the acquisition, by the Platinum Equity Group, which includes, among others, Platinum Equity LLC (henceforth "Platinum"), of control of the "Electrical and Electronic Solutions" business of Alcoa Inc. (henceforth "AEES"), by means of the purchase of shares.
Timeline
2009-06-04
COMPETITION AUTHORITY authorises Merger Operation No. 16/2009 - PLATINUM EQUITY / AEES
2009-05-20
Publication of the announcement
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