Latest News
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 as amended and supplemented for its implementation, the Competition Council makes available to the public the “operation summary” below, containing the information provided by the parties.
This information has been 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 confirm the completeness of the file provided for in Article 9 of Decree No. 2-14-652 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 “Disway SA”;
- The target: The company “Econosol SARL”.
Nature of the operation
- Acquisition of exclusive control.
Economic sectors concerned
- The market for photovoltaic solar power plants.
Deadline for interested third parties to submit their observations
- 10 days from the date of publication of this press release, i.e. September 30, 2024.
NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES
The Competition Council has received notification of an economic concentration operation concerning the acquisition by the company “Disway SA” of the exclusive control of the company “Econosol SARL” through the acquisition of 51% of the share capital and related voting rights.
“Disway SA” is a Moroccan joint-stock company engaged in wholesale distribution of IT equipment and energy solutions.
“Econosol SARL” is a Moroccan limited liability company specializing in the development of photovoltaic solar projects.
Done in Rabat, September 19, 2024
