Case details

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Merger control
Case reference
CCENT/2010/32 - MSF*Lena Construções / AEO
Acquired
Auto-Estradas do Oeste
Description
a company that designs, finances, operates and maintains roads in Portugal; it also bids for the respective franchises and has controlling shareholdings in the companies Auto-Estradas do Atlântico - Concessões Rodoviárias de Portugal SA and AELO - Auto-Estradas do Litoral Oeste SA.
Acquiring
Lena Concess, S.A.
Description
a company that is 100% owned by Lena Concessões e Serviços SGPS SA, which provides management, consultancy, accounting, auditing and taxation services. Lena Concessões e Serviços SGPS SA is, in its turn, a holding company of the Lena Group, which, through its subsidiaries, provides services in the field of construction, natural gas, cars, tourism, services, energy, the environment and communications.
Acquiring
MSF Oeste, SGPS, S.A.
Description
a company that is 100% owned by MSF Concessões SGPS SA, which is one of the MSF Group?s three sub-holding companies. The MSF Group provides services in the fields of construction and building works, franchises and tourism.
Sector
  • Transport & Infrastructure
Activity (NACE)
  • H5221 - Supporting activities  to land transportation
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
Non-opposition
Case description
Notified on 16 July 2010, the present merger operation consists of the acquisition of two 25% holdings in the registered capital of the undertaking Auto-Estradas do Oeste (AEO), by the undertakings Lena Concess SA ("Lena") and MSF Oeste SGPS SA ("MSF"); each of these now holds 50% of that company´s registered capital.
Timeline
2010-08-12
2010-07-16
Publication of the announcement - Lena Concess SA ("Lena") and MSF Oeste SGPS SA ("MSF") notify acquisition of two 25% shareholdings in the registered capital of the undertaking Auto-Estradas do Oeste.
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