PT
Autoridade da Concorrência

Case details

Print
Merger control
Case reference
Ccent/2021/48 - Allianz Strategic / GT Motive
Acquiring
Allianz Strategic Investments S.à r.L.
Description
Is a company with investments in companies in the digital sector that are part of ecosystems related to the insurance market.
Acquired
GT Motive, S.L.
Description
Develops software solutions for loss estimation and management processes, maintenance and mechanical breakdowns for the automotive industry.
Sector
  • Digital & Information Technology
Activity (NACE)
  • J6209 - Other information technology and computer service activities
Applicable legislation
Art. 37(1)(a) (Law 19)
Notification thresholds
Market Share threshold
Type of merger
Conglomerate
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 GT Motive by Allianz Strategic Investments.
Timeline
2021-11-02
On November 2, 2021, the Competition Authority issued a non-opposition decision to the merger 48/2021 - Allianz Strategic / GT Motive.
2021-10-14
Allianz Strategic notifies the acquisition of sole control over GT Motive.
Click here to see your activities