CELEX: 32022M10538
Language: en
Date: 2022-01-12 00:00:00
Title: Commission Decision of 12/01/2022 declaring a concentration to be compatible with the common market (Case No COMP/M.10538 - VINCI / LINEAS / LUSOPONTE) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

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 –
        CONCESSÕES 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 of 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.
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.
 ---pagebreak---       civil engineering, electrical engineering,  air-conditioned engineering,  mechanical
      engineering and road works;
    for LINEAS: manages shareholdings in companies 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 Lusoponte: 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 examination 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 notified 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)
                                                   Olivier GUERSENT
                                                   Director-General
4   OJ C 366, 14.12.2013, p. 5.
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