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Autoridade da Concorrência

Case details

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Merger control
Case reference
CCENT/2010/47 - Grupo Soares da Costa / EnergiaPrópria
Acquired
Energia Própria, SGPS, S.A.
Description
a holding company of Grupo Energia Própria, which carries out its business activities in Portugal in the micro-generation and energy efficiency sector with the use of renewable energy.
Acquiring
Grupo Soares da Costa SGPS, S.A.
Description
an enterprise in the group owned by Manuel Fino SGPS SA, which carries out its business activities in the following sectors: construction and civil engineering, industry, the operation of public service or infrastructure franchises, property management and promotion, and specialist retail distribution.
Sector
  • Banking, Financial and Insurance activities
Activity (NACE)
  • K6420 - Management activities of holding companies
Applicable legislation
Art. 9(1)(b) (Law 18)
Notification thresholds
Turnover
Type of merger
Conglomerate
Cooperation with sector regulators
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Non-opposition
Case description
Notified on 3 November 2010, the present merger operation consists of the acquisition, by Grupo Soares da Costa SGPS SA ("GSC"), of sole control of the undertaking Energia Própria SGPS SA ("Energia Própria").
Timeline
2010-12-02
Competition Authority Council adopts a decision of non-opposition to merger 47/2010 - Grupo Soares da Costa/EnergiaPrópria.
2010-11-11
Publication of the announcement - Grupo Soares da Costa SGPS SA ("GSC") notifies acquisition of sole control of the undertaking Energia Própria SGPS SA ("Energia Própria").
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