PT
Autoridade da Concorrência

Case details

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Merger control
Case reference
Ccent/2021/50 - El Corte Inglês*Tool Factory / Nova Empresa
Acquiring
EL Corte Inglés, S.A.
Description
Active in the non-specialized retail distribution sector based on the commercial warehouse model.
Acquired
Empresa-comum (NewCo)
Description
Joint company, jointly controlled by the Parent Companies, and which will integrate Viajes El Corte Inglés, SA (ECI Group), and Aperture Travel, S.L. (TF Group), holding of the Logitravel Group.
Acquiring
Tool Factory, S.L.
Description
The Logitravel Group is active as an online travel agency for the retail and wholesale segments.
Sector
  • Tourism & leisure activities 
Activity (NACE)
  • N7911 - Travel agency 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
Non-opposition
Case description
The notified concentration consists of the creation of a NewCo between EL Corte Inglés and Tool Factory.
Timeline
2021-11-16
On November 16, 2021, the Competition Authority issued a non-opposition decision to the merger 50/2021 - El Corte Inglês*Tool Factory / New Company.
2021-10-19
El Corte Inglês and Tool Factory notify the creation of a joint venture, jointly controlled.
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