PT
Autoridade da Concorrência

Case details

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Merger control
Case reference
Ccent/2023/67 - Grupo Financiero Ibaizabal / Portugs
Acquiring
Grupo Financiero Ibaizabal, S.L.
Description
Holds shares in companies dedicated to providing all types of maritime services in port and on the high seas, in Spain and in the Madeira Free Trade Zone.
Acquired
PORTUGS – CONSULTORIA, LDA.
Description
It holds shares in companies dedicated to providing towing and emergency services to ships (containers, bulk goods and cruise ships) in the ports of Lisbon and Setúbal.
Sector
  • Transport & Infrastructure
Activity (NACE)
Applicable legislation
Notification thresholds
Type of merger
Cooperation with sector regulators
  • AMT - Mobility and Transport Authority
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Non-opposition
Case description

The merger operation in question consists of the acquisition, by Grupo Financiero Ibaizabal, S.L. (“Ibaizabal”), of exclusive control over Portugs - Consultoria, Lda. (“Portugs”).
Timeline
2023-11-21
The AdC issued a non-opposition decision to the merger 67/2023 - Grupo Financiero Ibaizabal / Portugs.
2023-10-31
Grupo Financiero Ibaizabal notifies the acquisition of exclusive control over Portugs.
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