Case details

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Merger control
Case reference
Ccent/2019/26 - ALD Automotive / BBVA Automercantil
Acquired
BBVA Automercantil, Comércio e Aluguer de Veículos Automóveis, Lda.
Description
Company active in the rental and car retail sector.
Acquiring
SG ALD Automotive - Sociedade Geral de Comércio e Aluguer de Bens, S.A.
Description
Company active in the rental and car retail sector.
Sector
  • Banking, Financial and Insurance activities
Activity (NACE)
  • K6491 - Financial leasing activities
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
Case description
The notified concentration consists of the acquisition of sole control over BBVA Automercantil by ALD Automotive
Timeline
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