Case details

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Merger control
Case reference
Ccent/2023/82 - Yilport Iberia*GS Marítima / Sotagus
Acquiring
GS Marítima, Lda.
Description
Company active, directly and through subsidiaries, in the maritime cargo transport and integrated logistics sector, which is part of the Sousa Group, a maritime-port group with activities in the logistics, energy and tourism sectors and based in the Autonomous Region of Madeira. The Sousa Group owns shipping companies, port operations and trucking companies, shipping agents, freight forwarders, logistics, tugboats and warehouses, and is also present in the natural gas logistics, energy production and tourism sectors.
Acquired
Sotagus - Terminal de Contentores de Santa Apolónia, SA
Description
Company controlled by Yilport and which, under a concession contract for the operation of port infrastructures with the Administration of the Port of Lisbon, operates the Santa Apolónia port terminal where it carries out cargo handling activities (containers and break-bulk cargo) and ancillary activities.
Acquiring
Yilport Iberia, S.A.
Description
Company active in the port and maritime transport sector, which includes cargo movement in port terminals, movement and storage of goods in docks, terminals, warehouses and parks, formation and breakdown of cargo units, reception, storage and dispatch of goods, as well as the exercise of the right to commercial exploitation of port areas, through exploration concession contracts with the respective port administrations, and various ancillary activities. It is also dedicated to temporary provision of workers/stevedores to carry out port cargo handling tasks, and the provision of maritime agency services.
Sector
Activity (NACE)
Applicable legislation
Notification thresholds
Type of merger
Cooperation with sector regulators
Status
Ongoing
Type of Investigation
AdC’s decision
Phase II decision
Case description

The concentration operation consists of the acquisition, by Yilport Iberia, S.A. (“Yilport”) and GS Marítima, Lda. (“GS Marítima”), of joint control over Sotagus – Terminal de Contantes de Santa Apolónia, S.A. (“Sotagus ").

Timeline
2024-06-12
Phase I Decision - AdC adopted a decision to carry out an in-depth investigation into the concentration operation 82/2023 - Yilport Iberia*GS Marítima / Sotagus.
2024-01-03
Yilport Iberia and GS Marítima notify the acquisition of joint control over Sotagus.
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