Press release regarding the meeting of the Competition Council Section

In accordance with the provisions of Article 38 of the internal regulations of the Competition Council, the Council’s section held a meeting on Tuesday, June 20, 2023 at 9:00 a.m., under the chairmanship of Mr. Hassan ABOUABDELMAJID, Vice-President of the Competition Council, to examine the files submitted to it by the Council’s investigation services.

The section decided to authorize the following economic concentration operations:

• • The exclusive control acquisition by the company « COMPTOIR AGRICOLE DU SOUSS SA » (CAS) of the company « AGROFOURNITURE SEMENCES SARL » (AGROSEM) through the acquisition of 70% of its shares and associated voting rights;
  • The joint control acquisition of the company Promamec S.A by the Investment Fund «Vantage IV Luxembourg Limited S.à.r.l. », through the acquisition of 48.56% of its share capital and associated voting rights;
  • The acquisition by the company « CDG INVEST SA » of joint control of the company « URBAM SARL AU », through the acquisition of 33.34% of its share capital and the related voting rights;
  • The indirect exclusive control acquisition of the company « Merrion Fleet Management Limited», and the company « ALD Automotive AS», and the company « LeasePlan Finland Oy » and the company « LeasePlan Česká republika s.r.o», as well as the subsidiary of the company « LP République Tchèque », the company « Fleet Insurance Plan s.r.o»), by the company « Crédit Agricole Consumer Finance » and the indirect joint control acquisition of the company « SGALD Automotive Sociedade Geral de Comércio e Aluguer de Bens S.A» and the company « LeasePlan Luxembourg S.A’» by the company « Stellantis N.V » and the company « Crédit Agricole Consumer Finance ».