PT
Autoridade da Concorrência

Case details

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Merger control
Case reference
Ccent/2024/12 - Santogal / Mercedes-Benz Retail
Acquired
Mercedes-Benz Retail,Unipessoal, Lda.
Description
It is dedicated to the sale of motor vehicles under the “Mercedes-Benz” and “Smart” brands, as well as parts and accessories for them. It also provides automotive repair and technical assistance services for vehicles of these brands, and offers credit intermediation services for the purchase of motor vehicles for the aforementioned brands.
Acquiring
SANTOGAL, S.G.P.S., S.A.
Description
Holding company of the Santogal group, which is dedicated to the sale of new and pre-owned motorcycles and light vehicles from different brands and their respective parts and accessories. It also provides vehicle repair and vehicle assistance services, and offers car insurance mediation and credit intermediation services for the purchase of vehicles.
Sector
  • Trade and Services
Activity (NACE)
  • G4511 - Sale of cars and light motor vehicles
Applicable legislation
Art. 37(1)(c) (Law 19)
Notification thresholds
Turnover threshold
Type of merger
Horizontal
Cooperation with sector regulators
  • BdP - Bank of Portugal
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Non-opposition
Case description

The merger operation consists of the acquisition, by Santogal SGPS, SA (“Santogal”), of exclusive control of Mercedes-Benz Retail Portugal, Unipessoal, Lda (“Mercedes-Benz Retail”).
Timeline
2024-03-13
The AdC issued a non-opposition decision to the merger 12/2024 - Santogal / Mercedes-Benz Retail.
2024-02-16
Santogal notifies the acquisition of exclusive control over Mercedes-Benz Retail.
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