Press Release from the Competition Council regarding the economic concentration project concerning the acquisition of exclusive control of the company “Aon Acore SARL” by the company “Casablanca Intermediation Company” through the acquisition of the remaining share capital and related voting rights

In accordance with Article 13 of Law No. 104-12 on freedom of prices and competition and Article 10 of Decree No. 2-14-652 issued for its implementation, as amended and supplemented, the Competition Council makes available to the public the “summary of the operation” below, containing the information provided by the parties.

This information was prepared by the notifying parties, who are solely responsible. Any inaccurate or distorted information contained therein does not in any way prejudge the Competition Council’s position on the proposed operation.

The publication of this press release does not attest to the completeness of the file provided for in Article 9 of Decree No. 2-14-652 issued for the implementation of Law No. 104-12 on freedom of prices and competition as amended and supplemented.

Names of the companies and groups involved:

  • The acquirer: the company “Casablanca Intermediation Company”;
  • The target: the company “Aon Acore SARL”.

Nature of the operation:

  • Acquisition of exclusive control.

Economic sectors concerned:

  • Insurance product distribution market.

Deadline for interested third parties to submit their observations:

  • 10 days from the date of publication of this press release, i.e. February 26, 2025.

NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES

The Competition Council received notification of an economic concentration operation concerning the acquisition of exclusive control of the company “Aon Acore SARL” by the company “Casablanca Intermediation Company” from the companies “AMF Finance” and “Aon France” through the acquisition of the remaining share capital and related voting rights.

“Casablanca Intermediation Company” is a holding company with no commercial activities in Morocco, affiliated with Aon France, which is active in the services sector.

“Aon Acore SARL” is a limited liability company based in Casablanca, specializing in insurance brokerage services for commercial and health risks.

 

Done in Rabat on February 13, 2025