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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 “NextChem SpA”;
- The target: The company “Ballestra SpA”.
Nature of the operation
- Acquisition of exclusive control.
Economic sectors concerned:
- Engineering, Procurement, and Construction (EPC) services for chemical production units.
Deadline for interested third parties to submit their observations:
- 10 days from the date of publication of this press release, i.e. March 2
NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES
The Competition Council received notification of an economic concentration project concerning the acquisition of exclusive control of the company “Ballestra SpA” by the company “NextChem SpA” (a subsidiary of the “Maire Group”) through the acquisition of 100% of its share capital and related voting rights.
“NextChem SpA” is an Italian joint-stock company, registered in the Companies Register of Rome under number 16951401005, with its registered office at Via di Vannina 88/94, 00156 Rome, Italy. It is mainly active in the field of scientific research and technological innovation serving, in particular, the energy transition, the green chemistry segment, and the circular economy. It is involved in the development of industrial processes and engineering services, as well as in the supply of equipment and materials for the construction of industrial facilities in general. “NextChem SpA” is a subsidiary of the Maire group, an Italian industrial group mainly active in the design, supply of equipment, and construction (EPC) of industrial units on a global scale. It provides integrated engineering and construction solutions as well as sustainable technologies for the energy transition.
“Ballestra SpA” is an Italian joint-stock company, registered in the Companies Register of Milan under number 13335930155, with its registered office at Via P. Portaluppi, 17, Milan, Italy. It is a holding company of a group of companies including BUSS ChemTech AG (Switzerland) and Ballestra Engineering and Projects Pvt. Ltd (India), active in the design and installation of chemical, petrochemical, and industrial plants, as well as the development of proprietary technologies in the fertilizer and chemical sectors.
Done in Rabat, on February 19, 2026
