Case details

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Merger control
Case reference
CCENT/2010/43 - Brisa Serviços*Ascendi O&M / Via Verde
Acquiring
Ascendi - O&M, S.A.
Description
a company whose exclusive purpose is the operation and maintenance of road infrastructure and the associated activities. It is indirectly controlled by Ascendi Group SGPS SA, a joint venture owned by Mota-Engil SGPS SA and Espírito Santo Financial Group. The Ascendi Group owns shareholdings in motorway franchise-holders and is active in the development and operation of transport infrastructure franchises (road, rail and airports).
Acquiring
BRISA - Serviços Viários, SGPS, S.A.
Description
a company controlled by Brisa - Auto-Estradas de Portugal SA, a Brisa Group holding company, whose main business area is the construction and operation of toll motorways.
Acquired
Via Verde Portugal - Gestão de Sistemas Electrónicos de Cobrança, S.A.
Description
a company whose corporate purpose is to provide services involving the management of electronic payment systems for the use of road and other infrastructures by motor vehicles.
Sector
  • Liberal Professions
Activity (NACE)
  • M7022 - Other business and management consultancy activities
Applicable legislation
Art. 9(1)(a) and (b) (Law 18)
Notification thresholds
Turnover and 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 October 2010, the present merger operation consists of the acquisition, by the undertakings Brisa - Serviços Viários SGPS SA ("Brisa Serviços") and Ascendi - O&M SA ("Ascendi O&M"), of joint control of Via Verde Portugal - Gestão de Sistemas Electrónicos de Cobrança SA ("Via Verde").
Timeline
2010-11-12
Competition Authority Council adopts a decision of non-opposition to merger 43/2010 - BRISA SERVIÇOS*ASCENDI O&M / VIA VERDE.
2010-10-15
Publication of the announcement - The undertakings Brisa - Serviços Viários SGPS SA ("Brisa Serviços") and Ascendi - O&M SA ("Ascendi O&M") notify acquisition of joint control of Via Verde Portugal - Gestão de Sistemas Electrónicos de Cobrança SA ("Via Verde").
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