El Salvador: Purchase of Gas Stations Authorized

The Superintendence of Competition "authorized the request presented by Uno El Salvador S.A. de C.V. for the acquisition of two gas stations in Santa Ana and La Libertad."

Wednesday, March 6, 2019

From the Superintendence of Competition statement:

March 5, 2019. The Board of Directors of the Superintendence of Competition (CDSC) authorized the application filed by Uno El Salvador S.A. de C.V. for the acquisition of two gas stations in Santa Ana and La Libertad, owned by Alimentos Móviles, S.A. de C.V., and the lease for 20 years of the buildings containing these gas stations and their respective convenience stores.

The request for economic concentration was presented by the buyer on October 5, 2018. The purchase authorization was issued on February 8, 2019, after confirming that Almosa does not exert significant competitive pressure on Uno in any of the identified markets. In contrast, the information gathered shows that economic agents are not close rivals and that they compete in different market segments. It also highlights the presence of other rivals that exert significant competitive pressures.

The service stations that are the object of the transaction are located at kilometer 75 of the highway to Chalchuapa, Los Amates canton, jurisdiction of San Sebastián Salitrillo, department of Santa Ana, commercially known as "Ciudad Real"; and at kilometer 35 ½, New highway, geographical location of Chanmico, jurisdiction of San Juan Opico, department of La Libertad, commercially known as "Ciudad Versailles".

Read full statement (In Spanish).

Do you need more information about your business sector?

Request more information:

this site is protected by reCAPTCHA and Google's privacy policy and terms of service.
Need assistance? Contact us
(506) 4001-6423

More on this topic

Acquisition of Telephone Company Declared Unacceptable

May 2019

In El Salvador, the Superintendence of Competition reported that "it has declared inadmissible the request for economic concentration presented by América Móvil S.A.B. de C.V., on March 5 of this year."

"When a new application for authorization is submitted, the SC will continue this process on the basis of a technical, legal and economic analysis, under the principle of independence that the LC mandates and distinguishes its actions, with the sole objective of protecting and ensuring competition in the country," reported the Superintendence of Competition (SC).

Gas Stations: Business Upwards

March 2019

According to businessmen of the sector, the constant growth of the vehicle fleet explains the investments that have been made in the opening of new service stations in El Salvador.

At the beginning of 2019, there were 455 service stations in operation in the Salvadoran market, according to data from the Hydrocarbons and Mines Directorate of the Ministry of Economy.

Purchase of Citibank El Salvador Authorized

June 2016

The Superintendence of Competition has authorized the Honduran company Imperia Imperia Intercontinental and Inversiones El Salvador to buy from Banco Citibank, five of its subsidiaries, Seguros e Inversiones, and Cititarjetas.

From a statement issued by the Superintendency of Competition in El Salvador:

Grupo Calleja Pulls Out of Almacenes Europa Purchase

February 2012

The application for authorization for economic concentration by Grupo Calleja with the Superintendency of Competition in El Salvador has been withdrawn after negotiations were broken off.

A press release from the Superintendency of Competition in El Salvador states:

Lawyers representing Grupo Calleja who filed a request for authorization for economic concentration resulting from Calleja’s purchase of Europa S.A.