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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 has been 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 concerned:
- The acquirer: “Morocco Numeric Fund II SA”;
- The target: “6 SARLAU”.
Nature of the operation
- Acquisition of joint control.
Economic sector concerned
- Digital intermediation market for the purchase, sale, and distribution of consumer products.
Deadline for interested third parties to submit their observations
- 10 days from the date of publication of this press release, i.e. December 26.
NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES
The Competition Council received notification of an economic concentration operation concerning the joint takeover of the company “Z.6 SARLAU” by the company “Morocco Numeric Fund II SA” (MNF II), alongside the historical partner, through the acquisition of 8.26% of its share capital and related voting rights.
“Morocco Numeric Fund II SA” is a Moroccan joint-stock company whose main activity is investing in profitable technological companies that are leaders in their sector and job creators.
“Z.6 SARLAU” is a Moroccan single-member limited liability company, active in the sector of digital purchase, sale, distribution, and marketing of articles and consumer products.
Done in Rabat on December 12, 2024
