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Case details

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Merger control
Case reference
CCENT/2010/26 - Yanmar International/Ammann-Yanmar
Acquired
Ammann-Yanmar S.A.S.
Description
A joint-venture set up between Ammann Group Holding AG, a Swiss undertaking that produces asphalt and cement and processes ore, and Yanmar, which manufactures and distributes construction machinery: mini-excavators, medium-size excavators, wheel excavators, transport vehicles and wheel loaders. With no subsidiary in Portugal, it markets mini-excavators through its distributor, the enterprise Peixoto & Peixoto Lda.
Acquiring
Yanmar International Europe B.V.
Description
a Dutch-registered company owned by the Japanese undertaking Yanmar Construction Equipment Ltd, which produces and markets diesel-powered marine equipment and machinery for use on land and sea. It is present in Portugal in the form of the distributors Agricel Lda and Tractores de Portugal SA.
Sector
  • Extractive and manufacturing Industries
Activity (NACE)
  • C236 - Manufacture of articles of concrete, cement and plaster
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
Non-opposition
Case description
Notified on 29 June 2010, the present merger operation consists of the acquisition, by the undertaking Yanmar International Europe BV (Yanmar), of exclusive control of Ammann-Yanmar SAS (Ammann-Yanmar), by means of the acquisition of the remaining 50% of its registered capital.
Timeline
2010-07-22
Competition Authority Council adopts a ruling of non-opposition to Merger 26/2010 - Yanmar International/Ammann-Yanmar.
2010-07-06
Publication of the announcement - The undertaking Yanmar International Europe BV (Yanmar) notifies acquisition of exclusive control of Ammann-Yanmar SAS (Ammann-Yanmar), by means of the acquisition of the remaining 50% of its registered capital.
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