Statement from the Competition Council regarding the concentration project concerning the indirect exclusive control acquisition by the company “International Schools Partnership Limited” of the company “Groupe Charles Peguy Privé SARLAU” and its subsidiaries “Graines d’Enfance SARL” and “Graines d’Elite Privé SARL”, through the acquisition of 100% of their shares and related voting rights

In accordance with Article 13 of Law 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 “operation summary” 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 statement 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 companies and individuals involved:

• The acquirer: “International Schools Partnership Limited”;
• The targets: “Groupe Charles Peguy Privé SARLAU” and its subsidiaries “Graines d’Enfance SARL” and “Graines d’Elite Privé SARL”.

Nature of the operation:

• Exclusive control acquisition.

Economic sector concerned:

• Private school education market.

Deadline for interested third parties to submit their observations:

• 10 days from the date of publication of this statement, i.e. January 2, 2024

NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES

The Competition Council received a notification of an economic concentration operation concerning the acquisition of exclusive control by the company “International Schools Partnership Limited” through its subsidiary “ISP Morocco Limited”, of the company “Groupe Charles Peguy Privé SARLAU” and its subsidiaries “Graines d’Enfance SARL” and “Graines d’Elite Privé SARL”.

“International Schools Partnership Limited” is a global group of schools headquartered in London, England. The group is active in providing educational services and teaching for young people from kindergarten to high school.

“Groupe Charles Peguy SARLAU” is a single-member limited liability company based in Casablanca. It specializes in providing educational services. Its two subsidiaries “Graines d’Enfance SARL” and “Graines d’Elite Privé SARL” respectively offer preschool education services and elementary and secondary education services.

 

Done in Rabat on December 21, 2023