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 Section held a meeting on Tuesday, May 16, 2023 at 10:00 in the morning, under the chairmanship of Mr. Abdellatif El MKADDEM, Vice-President of the Competition Council, to examine the files submitted to it by the Council’s investigation services.

This Section has decided to authorize the following four economic concentration operations:

• • The exclusive takeover of the company “NAL MAROC SA” by the company “SEA & PORTS MGM S.L.” through the acquisition of 51% of the remaining shares of its share capital and associated voting rights;
  • The joint control takeover by the company “CDG Invest S.A” of the company “Strapack Morocco sarl” through the acquisition of 30% of its share capital and associated voting rights;
  • The exclusive takeover by the company “Hilti AG” of the company “Hillos GmbH” through the acquisition of the remaining 50% stake in its share capital and associated voting rights;
  • The exclusive takeover by the company “ISGA Casablanca, s.a” of the company “COM’SUP, s.a.r.l” through the acquisition of 100% of its share capital and voting rights.