PT
Autoridade da Concorrência

Case details

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Merger control
Case reference
Ccent/2022/59 - ENAEX / O-PITBLAST
Acquiring
ENAEX S.A.
Description
Chilean company engaged in the production of ammonium nitrate, the sale of explosives and detonators for the mining industry and rock fragmentation and detonation services. ENAEX is not present in Portugal.
Acquired
O-PITBLAST, LDA.
Description
Company that provides software for the excavation industry (mines, quarries, tunnels and construction) especially, but not limited to, drilling and blasting operations.
Participant
OY FORCIT AB
Description
Finnish group providing services and know-how related to blasting, excavation and environmental impact assessment. It also provides ammunition. In Portugal, the Forcit Group is only active through its subsidiary O-Pitblast.
Sector
Activity (NACE)
Applicable legislation
Notification thresholds
Type of merger
Cooperation with sector regulators
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Non-opposition
Case description

The concentration operation in question consists of the acquisition, by ENAEX S.A., of 45% of the share capital of O-PITBLAST, LDA., starting to hold, together with the seller, OY FORCIT AB, joint control over O-Pitblast.

Timeline
2023-01-04
The AdC issued a non-opposition decision to the merger 59/2022 - ENAEX / O-PITBLAST.
2022-12-14
ENAEX notifies the acquisition of joint control over O-PITBLAST.
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