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PesquisAdC
CCENT/2010/13
Case details
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Merger control
Case reference
CCENT/2010/13 - Atlansider/Ecometais
Acquiring
Atlansider S.G.P.S., S.A.
Description
a Portuguese-registered company whose corporate purpose is to manage shareholdings, in particular in companies that produce and market iron and steel products, e.g. the companies SN Seixal Siderurgia Nacional SA, SN Maia Siderurgia Nacional SA, SN Transformados SA and the company Megasa - Comércio de Produtos Siderúrgicos Lda.
Acquired
ECOMETAIS - Sociedade de Tratamento e Reciclagem, S.A.
Description
a Portuguese-registered company that shreds scrap, in particular end-of-life vehicles, and sorts, processes, recovers and markets ferrous and non-ferrous metals.
Sector
Environment and Waste Management
Activity (NACE)
E3832 - Recovery of sorted materials
Applicable legislation
Art. 9(1)(b) (Law 18)
Notification thresholds
Turnover
Type of merger
Vertical
Cooperation with sector regulators
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Case description
Notified on 12 April 2010, this merger operation consists of the acquisition of exclusive control of the company ECOMETAIS - SOCIEDADE DE TRATAMENTO E RECICLAGEM SA (ECOMETAIS) by the company ATLANSIDER SGPS SA (ATLANSIDER).
Timeline
2010-06-18
Competition Authority Council adopts a ruling of non-opposition to Merger 13/2010 - Atlansider/Ecometais
2010-05-19
Publication of the announcement - Atlansider SGPS SA notifies acquisition of exclusive control of the company ECOMETAIS - Sociedade de Tratamento e Reciclagem SA.
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