Case details

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Merger control
Case reference
Ccent/2023/5 - Vértice Solar*Eurotróia*TIIC 2 / Placegar
Acquiring
Eurotróia – Sociedade de Construções, Lda.
Description
It is a company incorporated under Portuguese law whose corporate purpose is the purchase, administration, disposal of company assets or real estate owned by others, the purchase of rural or urban buildings and the resale of those acquired for this purpose, as well as the management of its own properties, the enterprise management, the management and supervision of projects and construction works and also the exercise of the civil construction and hotel industry.
Acquired
Placegar - Gestão e Exploração de Estacionamentos
Description
Develops the activity of designing, managing, operating and maintaining car parks and parking subject to the payment of a fee in concession areas of the road or roads under municipal jurisdiction.
Acquiring
TIIC 2 S.C.A., SICAR
Description
It is a Luxembourg investment company in venture capital whose management company is the company incorporated under Luxembourg law TIIC Management S.à.r.l. TIIC 2's activity focuses on investing in mid-market infrastructure projects in Europe in the transport and social sectors.
Acquiring
Vértice Solar, Lda.
Description
It is a company incorporated under Portuguese law whose corporate purpose is the purchase and sale of real estate and the resale of those acquired for this purpose, civil construction, real estate development, allotment and urbanization of land for construction, leasing, management and evaluation of real estate.
Sector
  • Transport & Infrastructure
Activity (NACE)
Applicable legislation
Art. 37(1)(a) (Law 19)
Notification thresholds
Market Share threshold
Type of merger
Conglomerate
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 Vértice Solar, Eurotróia and TIIC 2, of joint control over Placegar.

Timeline
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