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In accordance with the provisions of Article 14 of Law 20-13 concerning the Competition Council, the Permanent Commission of the Council held a meeting on Monday, March 6, 2023 at 09:30, under the chairmanship of Mr. Ahmed Rahhou, President of the Competition Council, to examine the files submitted to it by the Council’s investigation services.
At the beginning of its work, the Permanent Commission approved the minutes of its meeting held on March 2, 2023.
The Permanent Commission then decided to authorize the following economic concentration operations:
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- Acquisition of exclusive control by the company ‘Automotive Distribution and Services Group SA’ of the company ‘Automotive Distribution SA’ through the acquisition of 75.46% of its share capital and related voting rights;
- Acquisition of exclusive control by the company ‘Akwa Group SA’ of the company ‘Auto Speedy SA’, from the company ‘Himvest holding SARL’ and private investors;
- Acquisition of exclusive control of the company ‘GOA DAKHLA SA’, by the company ‘GOA INVEST SA’ jointly owned by the companies ‘AKWA GROUP SA’ and ‘O CAPITAL GROUP SA’, through the acquisition of 70% of the shares of its share capital and associated voting rights;
- Joint control of the companies Vita Couture Company SARL and Vita Couture SARL by Mr. Mohammed Boubouh and Mr. Mohamed Benajiba and the company Nama Holding SA.
