PT
Autoridade da Concorrência

Case details

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Merger control
Case reference
Ccent/2022/5 - Cary Group / Diveraxial*Expressglass
Acquiring
Cary Group AB
Description
It is a leading company in Europe in the car window repair and replacement sector, providing services to both vehicle owners and their insurance companies. As part of this activity, the company also offers claims management assistance services for insurance companies. Cary Group is active in Portugal through RALARSA PORTUGAL, Unipessoal Lda., which operates rent-a-car services.
Acquired
Glassco, S.A.
Description
It functions as a shared services center for Diveraxial and Expressglass, whose activities essentially consist of importing, marketing and distributing automotive glass.
Sector
  • Supply and Food Industry
Activity (NACE)
  • G4531 - Wholesale trade of motor vehicle parts and accessories
Applicable legislation
Inapplicabilty (Law 19)
Notification thresholds
Inapplicability (Law 19)
Type of merger
Horizontal
Cooperation with sector regulators
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Non-applicable
Case description
The notified concentration consists of the acquisition of sole control over Glassco by Cary Group.
Timeline
2022-03-15
The AdC issued a decision of non-applicability to the merger Cary Group / Diveraxial*Expressglass.
2022-03-02
The Cary Group notifies the acquisition of sole control over Glassco.
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