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PesquisAdC
Ccent/2022/60
Case details
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Merger control
Case reference
Ccent/2022/60 - GLN / NOVARES
Acquired
Assets Novares Portugal, SA
Description
Set of assets intended for the design, development and manufacture of decorative and functional components, made from plastic, for car interiors, which are divided into: (i) functional components with a strong technological dimension, which allow the interface with the driver and other passengers, such as electronic instrument panels and buttons for controlling a range of features, such as infotainment and climate controls; and (ii) pieces with a functional and decorative component with a reduced technological dimension, such as handles and handles on vehicle doors.
Acquiring
GLN - ENGINEERING, MOLDING AND PLASTICS, S.A.
Description
It is dedicated to the development and manufacture of high-precision technical molds and also to the injection of complex plastic parts. GLN is owned by Manuel Champalimaud SGPS, S.A., a family holding company that is present in several sectors of the economy, including energy, port logistics, mold industry, plastics industry, tourism and agribusiness.
Sector
Extractive and manufacturing Industries
Activity (NACE)
Applicable legislation
Art. 37(1)(c) (Law 19)
Notification thresholds
Turnover threshold
Type of merger
Conglomerate
Cooperation with sector regulators
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Non-opposition
Case description
Timeline
2023-01-10
AdC adopted a decision of non-opposition in merger 60/2022 - GLN / Ativos NOVARES.
2022-12-14
The ENGINEERING, MOLDING AND PLASTICS notifies the acquisition of sole control over a set of Assets of NOVARES Portugal.
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