Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE  
Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel,   BELGIË  
 
Tel: +32 229 -91111. Fax: +32 229 -64301. E -mail: COMP -MERGER -REGISTRY@ec.europa.eu . 
  EUROPEAN COMMISSION  
Brussels, 12.1.2022  
C(2022 ) 276 final  
PUBLIC VERSION  
VINCI Highways S.A.  
1973 boulevard de la Défense  
92000 Nanterre  
France  
 
LINEAS  – CONCESSÕES DE 
TRANSPORTES, SGPS, S.A . 
Rua Mário Dionísio  n.o 2 
2799 -557 Linda -a-Velha  
Portugal   
Subject : Case M .10538  – VINCI  / LINEAS / LUSOPONTE  
Commission decision pursuant to Article 6(1)(b) of Council Regulation 
(EC) No 139/20041 and Article 57 of the Agreement on the European 
Economic Area2  
Dear Sir or Madam,  
1. On 9 December 2021 , the European Commission received notification of a proposed 
concentration pursuant to Article 4 of the Merger  Regulation by which  the 
undertakings VINCI Highways S.A.  (“VINCI” , France)  and LINEAS – 
CONCESSÕ ES DE TRANSPORTES, SGPS, S.A. (“LINEAS” , Portugal)  acquire 
within the meaning of Article 3(1)(b) of the Merger Regulation joint control over the 
whole of the undertaking Lusoponte – Concessionária para a  Travessia do Tejo S.A 
(“Lusoponte” , Portugal)  by way of purchase of shares .3 
2. The business activities of the undertakings concerned are:  
 for VINCI : mainly active in the motorways concessions sector. VINCI  belongs to 
the VINCI Group, a diversified group mainly active in France and several other 
countries, both within and outside the European Union, in the fields o f concessions 
and infrastructures (mainly airports and motorways), construction , public works and 
                                                 
1 OJ L 24, 29.1.2004, p. 1 ( the ‘Merger Regulation ’). With effect from 1 December 2009,  the Treaty on 
the Functioning of the European Union ( ‘TFEU ’) has introduced certain changes, such as the 
replacement of ‘Community ’ by ‘Union ’ and ‘common market ’ by ‘internal market ’. The terminology 
of the TFEU will be used throughout this decision.  
2  OJ L 1, 3.1.1994, p . 3 (the ‘EEA Agreement ’). 
3  Publication in the Official Journal of the European Union No C 509, 17.12.2021 , p. 18. 

2 civil engineering, electrical engineering, air -conditioned engineering, mechan ical 
engineering and road works ; 
 
 for LINEAS: manages shareholdings in companie s operating exclusively in the 
public and private road concessions sector as well as in companies that participate in 
public and private procurements for road, railway and airport concessions. LINEAS 
is active  in Portugal, Spain and Brazil ; 
 
  for Lusopont e: holds the concession for the project design, construction, financing, 
operation and maintenance under a toll system of the Vasco da Gama Bridge and the 
25 de Abril Bridge over the Tagus River in Lisbon,  which will expire in March 
2030.  
 
3. After examinat ion of the notification, the European Commission has concluded that 
the notified operation falls within the scope of the Merger  Regulation  and of 
paragraph 5 (c) of the Commission Notice on a simplified procedure for treatment of 
certain concentrations under Council Regulation (EC) No 139/2004 .4 
4. For the reasons set out in the Notice on a simplified procedure, the European 
Commission has decided not to oppose the no tified operation and to declare it 
compatible with the internal market and with the EEA Agreement. This decision is 
adopted in application of Article 6(1)(b) of the Merger  Regulation  and Article 57 of 
the EEA Agreement . 
For the Commission  
 
 
(Signed)  
Olivi er GUERSENT  
Director -General  
                                                 
4  OJ C 366, 14.12.2013, p. 5 .