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Merger control
Case reference
CCENT/2009/28 - SALVADOR CAETANO AUTO / AUTO PARTNER * AUTO PARTNER III
Acquired
Auto Partner
Description
holding companies of companies that market (new and used) light vehicles, as well as vehicle parts, and provide the corresponding repair services (after-sales services).
Acquiring
Salvador Caetano Auto, SGPS, S.A.
Description
a holding company belonging to the Salvador Caetano Group; it manages shareholdings in different companies operating principally in the sector covering vehicles and related activities - in particular in the authorised distribution of light vehicles, authorised vehicle repair, the authorised distribution of parts and accessories, the sale of used cars, and the car industry, in addition to car hiring and leasing, and accident management. Through its holdings, it is also present in sectors such as property, advertising, renewable energies and others.
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
Case description
Notified on 28 July 2009, this merger operation consists of the acquisition, by the company Salvador Caetano Auto SGPS SA (Salvador Caetano Auto), of exclusive control of the companies Auto Partner SGPS SA (Auto Partner) and Auto Partner III SGPS SA (Auto Partner III), of which, directly or indirectly, it already holds joint control, by means of the purchase of the remainder of the shares representing the registered capital of the latter companies.
Timeline
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