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

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In accordance with the provisions of Article 14 of Law 20-13 relating to the Competition Council, the Permanent Commission of the Council held a meeting on Monday, December 6, 2021 at 9:30 a.m., 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 November 29, 2021.

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

      • The transition from joint control to exclusive control of “Société des Granulats de Tiflet SA” by “Colas du Maroc Sarl”, through the acquisition by the latter of the remaining 50% of the share capital and voting rights;
      • The establishment of a joint venture by “Suez Group SAS” and “Schneider Electric Industries SAS”.
      • The acquisition of 23.3% of the share capital and voting rights of the company “Soludia Maghreb Sarl” by the fund “Capmezzanine III” managed by the company “Cdg Invest Growth”.

Ultimately, the Permanent Commission made a decision to initiate ex officio proceedings, on the proposal of the General Reporter, concerning compliance with the provisions of the first paragraph of Article 14 of Law 104-12 relating to the obligation to notify two economic concentration operations: the first concerns the exclusive takeover of the company “Financière Dry Mix Solutions SAS” by “Sika AG”, and the second concerns the acquisition of 45% of the capital of the company “Sodap Maroc SA” by “Sika Maroc SA”.