The Portuguese Competition Authority clears a merger between a pharmacist and a wholesale and retail pharmacy group (Alliance Santé Europe / Farmindústria / JMP II / Unichem)

I. Introduction On December 23, 2005, the Portuguese Competition Authority (PCA) was notified of a concentration under which Alliance Santé Europe, S.A. (Alliance Santé), Farmindústria – Investimentos, Participações e Gestão, S.A. (Farmindústria) and José de Mello Participações II, SGPS, SA (JMP) notified the acquisition by Farmindústria and JMP of 49% and 2%, respectively, of the share capital of Alliance Unichem Farmacêutica, S.A. (Alliance Unichem). Farmindústria is controlled by the Portuguese Association of Pharmacies (ANF) (“Associação Nacional de Farmácias”), which comprises 97% of all pharmacies active in the Portuguese territory, numerically speaking approximately 2700 pharmacies. The notification was made following a decision adopted by the authority, dated July 22, 2005, determining that

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Authors

  • Morais Leitão, Galvão Teles, Soares da Silva (Porto)
  • Morais Leitão, Galvão Teles, Soares da Silva (Lisbon)

Quotation

Carlos Botelho Moniz, Eduardo Maia Cadete, The Portuguese Competition Authority clears a merger between a pharmacist and a wholesale and retail pharmacy group (Alliance Santé Europe / Farmindústria / JMP II / Unichem), 31 January 2007, e-Competitions Interim measures, Art. N° 21388

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