Prior notification of a concentration (Case M.9737 — Ageas Portugal/JMRS/SPSI) Candidate case for simplified procedure (Text with EEA relevance) 2020/C 94/02
Date: 2020-03-23
Institutions: Directorate-General for Competition, European Commission
Subjects: care for the elderly, economic concentration, home care, insurance company, merger control, real estate business, social facilities








C_2020094EN.01000201.xml










23.3.2020   


EN


Official Journal of the European Union


C 94/2






Prior notification of a concentration
(Case M.9737 — Ageas Portugal/JMRS/SPSI)
Candidate case for simplified procedure
(Text with EEA relevance)
(2020/C 94/02)

1.   
On 16 March 2020, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1).
This notification concerns the following undertakings:






—


Ageas Portugal Holding, SGPS, S.A. (‘Ageas Portugal’, Portugal), controlled by Ageas SA/NV (‘Ageas Group’, Belgium),










—


José de Mello Residências e Serviços, SGPS, S.A. (‘JMRS’, Portugal), owned by José de Mello Capital S.A. (‘JM Capital’, Portugal),










—


Sociedade Portuguesa de Serviços e Apoio e Assistência a Idosos, S.A (‘SPSI’, Portugal).




Ageas Portugal, alongside JMRS acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of SPSI.
The concentration is accomplished by way of purchase of shares.


2.   
The business activities of the undertakings concerned are:






—


for Ageas Portugal: insurance company active in Portugal, owned by Ageas Group, which provides life and non-life insurance services to personal, business and institutional customers, active in several EU countries and in Asia,










—


for JMRS: development of residential solutions and orthopedic, geriatric and neurological rehabilitation programs and provision of personalized home care services provided by the hospitals, part of the JM Group which provides private healthcare services, road infrastructures and chemical industry, active in Spain and the United States










—


for SPSI: operation of two residential care homes for the elderly as well as real estate activity in the Metropolitan Area of Lisbon.






3.   
On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the Merger Regulation. However, the final decision on this point is reserved.
Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under the Council Regulation (EC) No 139/2004 (2) it should be noted that this case is a candidate for treatment under the procedure set out in the Notice.


4.   
The Commission invites interested third parties to submit their possible observations on the proposed operation to the Commission.
Observations must reach the Commission not later than 10 days following the date of this publication. The following reference should always be specified:
M.9737 — Ageas Portugal/JMRS/SPSI
Observations can be sent to the Commission by email, by fax, or by post. Please use the contact details below:
Email: COMP-MERGER-REGISTRY@ec.europa.eu
Fax +32 22964301
Postal address:





European Commission




Directorate-General for Competition




Merger Registry




1049 Bruxelles/Brussel




BELGIQUE/BELGIË







(1)  OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).

(2)  OJ C 366, 14.12.2013, p. 5.