Press release from the Competition Council regarding the economic concentration project concerning the acquisition of exclusive control of the company “Atlas Servair SA” by the company “Compagnie Nationale Royal Air Maroc SA” through the acquisition of the remaining 40% of its share capital and related voting rights.

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 “Compagnie Nationale Royal Air Maroc SA”;
• The target: The company “Atlas Servair SA”.

Nature of the operation

• Acquisition of exclusive control.

Economic sectors concerned:

• Airline catering (onboard aircraft catering)
• Passenger air transport

Deadline for interested third parties to submit their observations:

• 10 days from the date of publication of this press release, i.e. March 23

NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES

The Competition Council has received notification of an economic concentration project concerning the acquisition of exclusive control of the company “Atlas Servair SA” by the company “Compagnie Nationale Royal Air Maroc SA” through the acquisition of the remaining 40% of its share capital and related voting rights.

“Compagnie Nationale Royal Air Maroc SA” is a Moroccan joint-stock company with its head office at Bd Moulay Abdellah Cherif, Aéroport Casa Anfa, Casablanca, registered with the Casablanca Trade Register under number 9667. It is the Moroccan national airline operating primarily in the air transport market.

“Atlas Servair SA” is a Moroccan joint-stock company with its head office at Zone industrielle RAM aéroport Mohammed V, Nouasseur, registered with the Casablanca Trade and Companies Register under number 136519. It operates in the airline catering and in-flight customer services sector.

 

Done in Rabat on March 12, 2026