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Autoridade da Concorrência

Case details

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Merger control
Case reference
CCENT/2010/38 - Via Marítima / Box Lines
Acquired
Box Lines - Navegação, S.A.
Description
a Sonae Group undertaking engaged in sea transport; this includes the island cabotage service to the Autonomous Regions of Madeira and the Azores, the chartering and freighting of ships, and the activities of a shipping agent and logistics operator specialising in break bulk cargo.
Acquiring
Via Marítima, SGPS, Lda.
Description
a company belonging to the Sousa Group, one of the principal economic groups in the Autonomous Region of Madeira. Via Marítima’s business activity is the transport of freight by sea, through the company Empresa de Navegação Madeirense Lda.
Sector
  • Transport & Infrastructure
Activity (NACE)
  • H5020 - Sea and coastal freight water transport
Applicable legislation
Art. 9(1)(a) (Law 18)
Notification thresholds
Market share
Type of merger
Horizontal
Cooperation with sector regulators
  • AMT - Mobility and Transport Authority
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Case description
Notified on 10 August 2010, this merger operation consists of the acquisition by Via Marítima SGPS Lda ("Via Marítima") of exclusive control of Box Lines - Navegação SA ("Box Lines"), whose shares are held indirectly at present, in their entirety, by the Sonae Group, through the company SPRED SGPS SA.
Timeline
2010-09-16
Competition Authority Council adopts a decision of non-opposition to merger operation 38/2010 - Via Marítima/Box Lines.
2010-08-17
Publication of the announcement - Via Marítima SGPS Lda ("Via Marítima") notifies acquisition of exclusive control of Box Lines - Navegação SA ("Box Lines"), whose shares are held indirectly at present, in their entirety, by the Sonae Group, through the company SPRED SGPS SA.
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