PT
Autoridade da Concorrência

Case details

Print
Merger control
Case reference
Ccent/2016/31 - Parpública*Atlantic Gateway / TAP
Acquiring
Atlantic Gateway, SGPS, Lda.
Description
Private equity management firm.
Acquiring
Parpública - Participações Públicas SGPS, S.A.
Description
Public equity management State firm.
Acquired
TAP - Transportes Aéreos Portugueses, SGPS, S.A.
Description
Company active in the air transport sector.
Sector
  • Banking, Financial and Insurance activities
  • Digital & Information Technology
  • Extractive and manufacturing Industries
  • Health & Pharmaceutical
  • Supply and Food Industry
  • Trade and Services
  • Transport & Infrastructure
Activity (NACE)
  • C3316 - Repair and maintenance of aircraft and spacecraft
  • G4711 - Retail sale in non-specialised stores with food, beverages or tobacco predominating
  • H5110 - Passenger air transport
  • I5629 - Other food service activities
  • J6202 - Computer consultancy activities
  • K6420 - Management activities of holding companies
  • Q8622 - Specialist medical practice activities
Applicable legislation
Art. 37(1)(a) and (c) (Law 19)
Notification thresholds
Market Share and Turnover thresholds
Type of merger
Conglomerate
Cooperation with sector regulators
  • ANAC -  Portuguese Civil Aviation Authority
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Non-opposition
Case description
The notified concentration consists of the acquisition of joint control over TAP by Parpública*Atlantic Gateway
Timeline
2016-08-25
2016-07-27
Click here to see your activities