Press Release from the Competition Council regarding the economic concentration project concerning the acquisition by the company “Marjane Holding SA” of the exclusive control of the company “Wafa Assurance Movie Theater Company SA”

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 adopted 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 was prepared by the notifying parties, who are solely responsible for it. 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 adopted for the implementation of Law No. 104-12 on freedom of prices and competition as amended and supplemented.

Names of the companies and groups concerned:

• The acquirer: “Marjane Holding SA”;
• The target: “Wafa Assurance Movie Theater Company SA”

Nature of the operation

• Acquisition of exclusive control.

Economic sectors concerned:

• Cinema theater operation market.

Deadline for interested third parties to submit their observations:

• 10 days from the date of publication of this press release, i.e., June 15, 2026.

NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES

The Competition Council received notification of a concentration project related to the acquisition of the exclusive control of the company “Wafa Assurance Movie Theater Company SA” by the company “Marjane Holding SA”, through the acquisition of 100% of its share capital and related voting rights.

“Marjane Holding SA” is a Moroccan joint-stock company with its registered office at Route De Bouskoura, Centre Commercial Marjane, Ct 1029, Commune De Ain Chock, Casablanca, Morocco, registered with the Casablanca Trade Register under number 63513. It specializes in large-scale distribution through the operation of hypermarkets, supermarkets, and specialized stores in household appliances and electronics, as well as in commercial real estate management and the development of shopping centers in Morocco.

“Wafa Assurance Movie Theater Company” is a Moroccan joint-stock company with its registered office at 1 Boulevard Abdelmoumen, Casablanca, registered with the Casablanca Trade Register under number 654877. It is active in the operation of cinema theaters and any related activities.

 

Done in Rabat, on June 4, 2026