Case details

CCENT/2010/50 - Sonae Investimentos / Mundo VIP

MUNDO VIP - OPERADORES TURÍSTICOS, S.A.

an enterprise jointly controlled by Espírito Santo Viagens SGPS SA and CHANGE SGPS SA; it provides tour operator services, which consist of the planning, organisation and implementation of tourist travel and the provision of tourist services for marketing to Portuguese and foreign travel agencies.

Sonae Investimentos, SGPS, S.A.

a Sonae Group sub-holding company for the retail food and non-food distribution area. For the food area, the undertaking is represented on the market through the trading names Continente, Modelo Continente and Modelo Bonjour, among others. In non-food retailing, the enterprise is present in the travel agency segment through GEOSTAR and in a variety of areas such as domestic appliances, mobile phones, computing, clothing, footwear and sports articles, among others, in particular under the trading names Worten, Vobis, Modalfa and Sport Zone, among others.

Art. 9(1)(b) (Law 18)

Turnover

Horizontal

Closed

Phase 1

Non-opposition

Publication of the announcement - The undertaking SONAE INVESTIMENTOS SGPS SA (henceforth "SONAE INVESTIMENTOS") notifies acquisition of joint control of the undertaking MUNDO VIP - OPERADORES TURÍSTICOS SA (henceforth "MUNDO VIP"), by means of the acquisition of the shares currently held by CHANGE SGPS SA.