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Autoridade da Concorrência

Case details

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Merger control
Case reference
CCENT/2010/20 - Medtronic/ATS
Acquired
ATS Medical, Inc
Description
a company established under the laws of the State of Minnesota, USA; it develops, produces and markets medical devices for the treatment of structural coronary disease. It is especially active in coronary valve therapy and the surgical treatment of cardiac arrhythmias.
Acquiring
Medtronic Inc
Description
a company established under the laws of the State of Minnesota, USA; it is active worldwide in the medical technology field, offering products, therapies and services for the treatment of various diseases. It is organised into six business areas: (i) cardiac rhythm disease management; (ii) neurological and spinal disease; (iii) neuromodulation; (iv) ear, nose and throat; (v) diabetes; and (vi) cardiovascular. In Portugal, Medtronic is represented by two subsidiaries: Medtronic Portugal - Comércio e Distribuição de Aparelhos Médicos Lda, and Vitatron Portugal - Comércio e Distribuição de Dispositivos Médicos Lda.
Sector
  • Extractive and manufacturing Industries
Activity (NACE)
  • C3250 - Manufacture of medical and dental instruments and supplies
Applicable legislation
Art. 9(1)(a) (Law 18)
Notification thresholds
Market share
Type of merger
Horizontal
Cooperation with sector regulators
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Case description
Notified on 7 May 2010, this merger operation consists of the acquisition, by Medtronic Inc. (Medtronic), of all the shares representing the registered capital of ATS Medical Inc. (ATS) and the corresponding exclusive control.
Timeline
2010-06-11
Competition Authority Council adopts a ruling of non-opposition to Merger 20/2010 - Medtronic/ATS
2010-05-14
Publication of the announcement - Medtronic Inc. (Medtronic) notifies acquisition of all the shares representing the registered capital of ATS Medical Inc. (ATS) and the corresponding exclusive control
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