Press release from the Competition Council regarding the economic concentration project concerning the exclusive takeover by the company “ARaymond et Cie SCS” or one of its subsidiaries of the companies “Facil Holding BV” and “Facil Corporate BV”

In accordance with Article 13 of Law No. 104-12 on freedom of prices and competition as amended and supplemented 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 party, which is 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 concerned:

• The acquirer: “ARaymond et Cie SCS”;
• The targets: “Facil Holding BV” and “Facil Corporate BV”.

Nature of the operation

• Exclusive takeover.

Economic sectors concerned

• The market for fasteners and small parts for vehicle assembly.

Deadline for interested third parties to submit their observations

• 10 days from the date of publication of this press release, i.e. February 21, 2025.

NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES

The Competition Council received notification of an economic concentration operation concerning the exclusive takeover, by the company “ARaymond et Cie SCS”, or one of its subsidiaries, of the companies “Facil Holding BV” and “Facil Corporate BV”, through the acquisition of the remaining 50% of their share capital and related voting rights, currently held by “Kamax Holding GmbH & Co KG”.

“ARaymond et Cie SCS” is a French limited partnership with a capital of €3,203,200, headquartered at 113 cours Berriat, 38000, Grenoble, France, and registered with the Grenoble Trade and Companies Register under number 057501256. It is a global player specializing in fluid management and fastening and assembly solutions.

In Morocco, ARaymond is involved in the production, distribution, import, and export of all fluid fastening systems and connectors.

“Facil Holding BV” is a Belgian company headquartered at Geleenlaan 20, B-3600 Genk – Belgium, registered in Belgium under number BE 0 837 285 984, jointly owned by “ARaymond et Cie SCS” and “Kamax Holding GmbH & Co KG”.

“Facil Corporate BV”, a Belgian company headquartered at Geleenlaan 20, B-3600 Genk – Belgium, registered in Belgium under number BE 0 466 971 955, jointly owned by “ARaymond et Cie SCS” and “Kamax Holding GmbH & Co KG”.

Both target companies are active in the market for fasteners and small parts necessary for vehicle assembly.

 

Done in Rabat, February 10, 2025