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In accordance with Article 13 of Law No. 104-12 on freedom of prices and competition and Article 10 of Decree No. 2-14-652 issued for its implementation, as amended and supplemented, the Competition Council makes available to the public the “operation summary” below, containing the information provided by the parties.
This information has been prepared by the notifying parties, who are solely responsible. Any inaccurate or distorted information contained therein does not in any way prejudge the Competition Council’s position on the proposed operation.
The publication of this press release does not attest to the completeness of the file provided for in Article 9 of Decree No. 2-14-652 issued for the implementation of Law No. 104-12 on freedom of prices and competition as amended and supplemented.
Names of the companies and groups involved:
- The acquirer: The company “Eurazeo S.E.”;
- The Target: The company “Richemon Group International II S.A.S.”, the holding company of the “Netco” group.
Nature of the operation:
- Exclusive takeover
Economic sectors concerned:
- The conveyor systems supply sector.
Deadline for interested third parties to submit their observations:
- 10 days from the date of publication of this press release, i.e. May 18, 2026.
NON-CONFIDENTIAL SUMMARY PROVIDED BY THE PARTIES
The Competition Council has received notification of an economic concentration project concerning the exclusive takeover by the company “Eurazeo S.E.” of the company “Richemon Group International II S.A.S.”, the holding company of the “Netco” group.
“Eurazeo S.E.” is a listed investment company on the Euronext Paris Stock Exchange, headquartered in Paris, France, with a portfolio of several billion euros in diversified assets. Its objective is to identify, accelerate, and enhance the transformation potential of companies of all sizes in which it invests. It operates three main activities: private equity, private debt, and real estate assets. “Eurazeo S.E.” is active in Morocco through its subsidiaries, the companies “Planet Payments Services UK”, “Worldstrides”, “Questel”, “Scaled Agile”, “Redspher (Flash Maroc) UTAC Maroc”, “Altaïr group”, “I-Tracing, Ekoscanet Diffusely” (formerly Meero).
“Richemon Group International II S.A.S.” is the holding company of the “Netco” group. The latter was founded in 1902 by the Perriez family and is headquartered in Bordeaux, France. “Netco” specializes in the maintenance of all types of conveyor systems, the distribution of conveyor systems and handling accessories, as well as the design and assembly of custom industrial conveyor systems.
Done in Rabat, May 07, 2026
