PT
Autoridade da Concorrência

Case details

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Merger control
Case reference
Ccent/2023/49 - CAETANO 3 / Unidade de Negócio de Importação de Veículos, Peças e Acessórios da Marca Nissan
Acquired
Assets NISSAN IBERIA S.A.U.- SUCURSAL EM PORTUGAL
Description
Nissan Brand Vehicles, Parts and Accessories Import Business Unit.It comprises a set of tangible and intangible assets, which include, namely, equipment, tools, authorizations regarding the import of vehicles, parts and accessories of the Nissan brand, vehicle stock and employment contracts.
Acquiring
CAETANO 3, S.A.
Description
A recently-built company dedicated to importing vehicles, parts and accessories for the Nissan brand, as well as selling them in Portuguese territory through a network of authorized dealers and repairers. Caetano 3 is part of the Salvador Caetano SGPS, S.A. Group.
Sector
  • Trade and Services
Activity (NACE)
Applicable legislation
Art. 37(1)(c) (Law 19)
Notification thresholds
Turnover threshold
Type of merger
Vertical
Cooperation with sector regulators
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Non-opposition
Case description

The merger in question consists of the acquisition, by Caetano 3, S.A. (“Caetano 3”), of exclusive control of the business unit for importing light cars, parts and accessories of the Nissan brand (“Business Unit for Importing Vehicles , Nissan Branded Parts and Accessories”).
Timeline
2023-09-13
The AdC issued a non-opposition decision to the merger CAETANO 3 / Unidade de Negócio de Importação de Veículos, Peças e Acessórios da Marca Nissan.
2023-08-28
CAETANO 3 notifies the acquisition of exclusive control over the Nissan Brand Vehicles, Parts and Accessories Import Business Unit.
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