Brussels, 7 February 2025
The European Commission has approved, under the EU Merger Regulation, the creation of a joint venture by Yunex GmbH of Germany, Via Verde Portugal – Gestão de Sistemas Electrónicos de Cobrança, S.A. (‘VVP’), and Ascendi O&M, S.A. (‘Ascendi’) both of Portugal.
The transaction relates primarily to the market for the granting of toll motorway concessions and distribution of on-board equipment.
The Commission concluded that the notified transaction would not raise competition concerns, given that the joint venture has negligible activities in the European Economic Area, and given the companies’ limited combined market position resulting from the proposed transaction. The notified transaction was examined under the simplified merger review procedure.
More information is available on the Commission’s competition website, in the public case register under the case number M.11795.