Press Release from the Competition Council regarding the economic concentration project concerning the acquisition by the company « Dislog Group » of the exclusive control of the company « Build a Better World S.L. » through the acquisition of 100% of the 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 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: The company « Dislog Group »;
  • The target: The company « Build a Better World S.L. »

Nature of the operation

  • Acquisition of exclusive control.

Economic sectors concerned

  • Food distribution.

Deadline for interested third parties to submit their observations

  • 10 days from the date of publication of this press release, i.e. May 20, 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 « Dislog Group » of the exclusive control of the company « Build a Better World S.L. » through the acquisition of 100% of the share capital and voting rights related thereto.

« Dislog Group » is a Moroccan joint stock company, with its registered office at Zone Industrielle Ouled Saleh Bouskoura, Casablanca, registered with the Casablanca Trade Register under number 403199. The company is directly controlled by « H&S Invest Holding S.A » which is a Moroccan joint stock company with its registered office at 203 Bd Zerktouni 3rd Floor – Casablanca, registered with the Casablanca Trade Register under number 140 531. « Dislog Group » holds interests in subsidiaries mainly operating in the distribution of consumer products, industry, pharmacy, logistics, and e-commerce sectors.

« Build a Better World S.L. » is a limited liability company established in accordance with Spanish law, with its registered office at CL Avenida Diagonal number 423, P.PP PTA.1, Barcelona, Spain, and registered with the Barcelona Trade Register under number B581354. The company is mainly specialized in distribution, marketing, and brand management in the consumer goods industry, with commercial presence in 11 countries across Europe.

 

Done in Rabat on May 9, 2024