Press release regarding the meeting of the Permanent Commission of the Competition Council

In accordance with the provisions of Article 14 of Law No. 20-13 on the Competition Council, the Permanent Commission of the Council held a meeting on Friday, July 29, 2022 at 3:00 PM, 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 July 21, 2022.

The Permanent Commission then made decisions to authorize the following economic concentration operations:

• • The acquisition of indirect exclusive control by the company “Plastic Omnium S.E” of the “Lighting Systems” branch of the company “Varroc Engineering Ltd” including the Moroccan subsidiary “Varrooc Lighting Systems Morocco”;
  • The Acquisition by the group “Holmarcom” of the exclusive control of the company “Crédit du Maroc S.A”;
  • The acquisition by the company ‘’CMA CGM S.A.’’ of the exclusive control of the company ‘’Gefco’’ and its direct and indirect subsidiaries;
  • The acquisition of exclusive control of the companies “Art’Com Sup Casablanca S.A.R.L.” and “Art’Com Sup Rabat S.A.R.L.” by the company “ISGA Casablanca S.A.” through the acquisition of 65% of the capital and voting rights thereof;
  • The acquisition by the private equity holding ‘’ICG Europe Fund VIII SCSP’’ of the exclusive control of “Grupo Konectanet S.L.U.” and “Comdata S.p.A”;
  • The acquisition of exclusive control of the company ‘’Penasanda Investment S.L.U’’ and its subsidiaries by the company ‘’Rodenstock Beteiligungen Ausland Gmbh ’’ through the acquisition of 100% of its share capital and voting rights thereof;
  • The acquisition of exclusive control of “Kimek Cosmocel S.A. de C.V.” by “Rovensa S.A.”, through the acquisition of 100% of its share capital and voting rights thereof;
  • The acquisition of 70% of the share capital and voting rights of “Unifrutti Investments Limited” by “Urusbid Restricted Limited”;
  • The acquisition of exclusive control of the company “CME Africa Holding BV” by the company “Vinci Concessions” through its wholly-owned subsidiary “Vinci Concessions Deutschland Gmbh”.