Case details

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Merger control
Case reference
Ccent/2017/1 - Montepio Geral / Residências Montepio
Acquiring
Montepio Geral - Associação Mutualista, Instituição Particular de Solidariedade Social
Description
Company active in the financial sector.
Acquired
Residências Montepio
Description
Company active in the management of residential centers for the elderly.
Sector
  • Health & Pharmaceutical
Activity (NACE)
  • Q8730 - Social assistance to the elderly and disabled, with accommodation
Applicable legislation
Art. 37(1)(c) (Law 19)
Notification thresholds
Turnover threshold
Type of merger
Horizontal
Cooperation with sector regulators
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Non-opposition
Case description
The notified concentration consists of the acquisition of sole control over Residências Montepio by Montepio Geral
Timeline
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