Case details

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Merger control
Case reference
Ccent/2014/24 - Cosec / Mapfre
Acquiring
COSEC - Companhia de Seguros de Créditos, S.A.
Description
Company active in the insurance sector.
Acquired
MAPFRE Seguros Gerais, S.A.
Description
Company active in the insurance sector.
Sector
  • Banking, Financial and Insurance activities
Activity (NACE)
  • K6512 - Non-life insurance
Applicable legislation
Art. 37(1)(a) (Law 19)
Notification thresholds
Market Share threshold
Type of merger
Horizontal
Cooperation with sector regulators
  • ASF - Insurance and Pension Fund Supervisory Authority
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Case description
The notified concentration consists of the acquisition of sole control over Mapfre by Cosec
Timeline
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