PT
Autoridade da Concorrência

Case details

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Merger control
Case reference
Ccent/2025/11 - DAE / NAC
Acquiring
Dubai Aerospace Enterprise (DAE) Ltd.
Description
It is a civil aviation and cargo aircraft lessor that operates worldwide and is headquartered in Dubai. DAE also carries out aircraft marketing activities and provides aircraft investment services as well as maintenance, repair and overhaul (MRR) services for aircraft. DAE is ultimately owned by the Investment Corporation of Dubai (“ICD”), which is the main investment arm of the Government of Dubai. DAE operates in Portugal, leasing aircraft and indirectly providing MRR services. In turn, ICD's activities in Portugal are carried out through Emirates and Smartstream Techonologies Holding Ltd.
Acquired
Nordic Aviation Capital Designated Activity Company
Description
It is a company governed by Irish law, operating in the leasing of aircraft for civil aviation, in particular, in the leasing of aircraft for airlines.
Sector
Activity (NACE)
Applicable legislation
Notification thresholds
Type of merger
Cooperation with sector regulators
Status
Ongoing
Type of Investigation
AdC’s decision
Case description

The merger operation consists of the acquisition, by Dubai Aerospace Enterprise (DAE) Ltd. (“DAE”) of exclusive control over Nordic Aviation Capital Designated Activity Company (“NAC”).
Timeline
2025-02-13
Dubai Aerospace Enterprise notifies the acquisition of exclusive control over Nordic Aviation Capital.
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