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 statement 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 companies and groups involved:

• The acquirer: The company ‘General Construction Works of Casablanca SA’ (TGCC);
• Historical shareholders: Mr. Salah El Mouda and Mr. Khali Moulay Lhassan;
• The target: The ‘African Company for Special Studies and Works SARL’ (SAFETTRAS).

Nature of the operation:

• Joint takeover.

Economic sectors concerned:

• Building works and special foundations.

Deadline for interested third parties to submit their observations:

• 10 days from the date of publication of this statement, i.e. July 8th.

NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES

The Competition Council received notification of an economic concentration project concerning the joint takeover of the ‘African Company for Special Studies and Works SARL’ (SAFETTRAS) by the company ‘General Construction Works of Casablanca SA’ (TGCC) alongside historical shareholders Mr. Salah El Mouda and Mr. Khali Moulay Lhassan.

‘General Construction Works of Casablanca SA’ (TGCC) is a Moroccan joint-stock company with its registered office at No. 4, Imam Mouslim Street, Oasis, 20103, Casablanca, Morocco, and is registered with the Casablanca Trade Register under number 63907. It is mainly specialized in the construction sector. Its activity covers various types of projects, including hotel complexes, commercial, industrial and administrative buildings, airports, stadiums as well as health and education buildings.

‘African Company for Special Studies and Works SARL’ (SAFETTRAS) is a Moroccan limited liability company with its registered office at Lot Alia N 17 Dar Bouazza, Casablanca, Morocco, and is registered with the Casablanca Trade Register under number 263733. It is active in the field of special foundations and soil improvement.

Done in Rabat on June 26, 2026

The post Statement from the Competition Council regarding the economic concentration project concerning the joint takeover of the ‘African Company for Special Studies and Works SARL’ (SAFETTRAS) by the company ‘General Construction Works of Casablanca SA’ (TGCC) alongside historical shareholders Mr. Salah El Mouda and Mr. Khali Moulay Lhassan. appeared first on Conseil de la concurrence du Maroc.

This information has been prepared by the notifying parties, who are solely responsible. Any inaccurate or distorted information contained therein does not 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 concerned:

• The acquirer: “BCPE Lightning Buyer, Inc.”;
• The targets:
• “FDH Defense Aftermarket, Inc.” and its subsidiary.
• “FDH Group Intermediate, Inc.” and its subsidiaries.

Nature of the operation:

• Exclusive takeover.

Economic sectors concerned:

• Distribution of components and parts for the aerospace and defense sectors.

Deadline for interested third parties to submit their observations:

• 10 days from the date of publication of this press release, i.e. July 8, 2026.

NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES

The Competition Council received notification of an economic concentration project concerning the exclusive takeover by the company “BCPE Lightning Buyer, Inc.” of the company “FDH Defense Aftermarket, Inc.” and its subsidiary, and the company “FDH Group Intermediate, Inc.” and its direct and indirect subsidiaries, through the acquisition of all the shares of said companies and the voting rights associated therewith.

“BCPE Lightning Buyer, Inc.” is a company incorporated under the laws of the State of Delaware in the United States, with its registered office at c/o Suite 302, 4001 Kennett Pike, Wilmington, County of New Castle, Delaware 19807, United States. The company “BCPE Lightning Buyer, Inc.” is indirectly controlled by funds managed and/or advised by Bain Capital Investors LLC, and is a specially formed acquisition vehicle for the purposes of the proposed operation.

“Bain Capital Investors LLC”, with its registered office at 200 Clarendon Street, Boston, MA 02116, United States, is an international private investment company targeting companies operating in several sectors including information technology, healthcare, distribution and consumer products, communications, financial services, as well as industry and manufacturing.

“FDH Defense Aftermarket, Inc.” is a company incorporated under the laws of the State of Delaware in the United States, with its registered office at Corporation Trust Center, 1209 Orange Street, Wilmington, Delaware, United States, and is registered with the State of Delaware under number 6267156.

“FDH Group Intermediate, Inc.” is a company incorporated under the laws of the State of Delaware in the United States, with its registered office at Corporation Trust Center, 1209 Orange Street, Wilmington, Delaware, United States, and is registered with the State of Delaware under number 6310370.

The targets are companies specialized in the distribution of components and parts for the aerospace and defense sectors.

Done in Rabat, June 26, 2026

The post Press release from the Competition Council regarding the economic concentration project concerning the exclusive takeover by the company “BCPE Lightning Buyer, Inc.” of the companies “FDH Defense Aftermarket, Inc.” and “FDH Group Intermediate, Inc.” appeared first on Conseil de la concurrence du Maroc.

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 concerned:

• The direct acquirer: the fund « Fonds Génération Entrepreneurs I FPCC-RFA », managed by the company « CDG Invest Management SA »;
• The indirect acquirer: the company « CDG Invest Gestion SA »;
• The historical shareholder: the company « Kartner Invest SAS AU »;
• The target: « Kartner Glass Industry SAS».

Nature of the operation

• Joint control acquisition.

Economic sectors concerned

• The market for the manufacture, marketing, export, and import of automotive glazing;
• The market for the manufacture, marketing, export, and import of architectural glass.

Deadline for interested third parties to submit their observations

• 10 days from the date of publication of this press release, i.e., July 8, 2026.

NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES

The Competition Council has received notification of an economic concentration project concerning the acquisition by the fund « Fonds Génération Entrepreneurs I FPCC-RFA » of joint control of the company « Kartner Glass Industry SAS », alongside its historical shareholder « Kartner Invest SAS ».

The fund « Fonds Génération Entrepreneurs I FPCC-RFA » is a collective investment fund with simplified operating rules (FPCC-RFA), endowed with legal personality, governed by Law No. 41-05 on collective investment funds in capital. It is approved by the AMMC under number AG/FPCC/010/2025 and registered with the Rabat Trade Register under number 195801. Its management is ensured by the company CDG Invest Management SA, itself controlled by « CDG Invest Gestion SA ».

« Kartner Invest SAS AU » is a simplified joint-stock company with a single shareholder, headquartered at Florida Centre Park 2, Lot No. 5, Office No. 66 Sidi Maarouf, Casablanca, registered with the Casablanca Trade Register under number 422551. It was founded in 2012 by Mr. Mohamed Hannaoui. The company operates across the entire value chain of automotive services, particularly in glass repair and replacement, bodywork repair, maintenance and oil changes, insurance brokerage, as well as corporate fleet leasing and management.

Mr. Mohamed Hannaoui is a Moroccan national. He is the founder of the company « Kartner Invest SAS AU », of which he owns the entire share capital.

« Kartner Glass Industry SAS » is a Moroccan simplified joint-stock company registered on February 21, 2024, with the Casablanca Trade Register under number 614985 and controlled by « Kartner Invest SAS ». It specializes in the manufacture, marketing, export, and, where applicable, import of windshields and architectural glass.

Done in Rabat on June 26, 2026.

The post Press release from the Competition Council regarding the economic concentration project concerning the acquisition by the fund «Fonds Génération Entrepreneurs I FPCC-RFA » of joint control of the company «Kartner Glass Industry SAS», alongside its historical shareholder «Kartner Invest SAS AU» appeared first on Conseil de la concurrence du Maroc.

This information was 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 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: the company “Tanger Med Port Authority SA”;
• The historical shareholder: the “National Ports Agency”;
• The target: the company “Portnet SA”.

Nature of the operation:

• Takeover

Economic sectors concerned:

• Services dedicated to foreign trade procedures and port operations.

Deadline for interested third parties to submit their observations:

• 10 days from the date of publication of this press release, i.e., July 8, 2026.

NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES

The Competition Council received notification of an economic concentration project involving the acquisition by the company “Tanger Med Port Authority SA” of joint control of the company “Portnet SA”, alongside the historical shareholder the “National Ports Agency”, through the acquisition of 44.07% of its share capital and related voting rights, by way of a capital increase.

“Tanger Med Port Authority SA” is a Moroccan joint stock company, headquartered in the Anjra Commune. It manages, operates, and develops the Tanger Med port complex.

The “National Ports Agency” is a public establishment with legal personality and financial autonomy, under the technical supervision of the Ministry of Equipment and Water and subject to state financial control, headquartered in Casablanca. It is responsible for port authority missions, regulation of port activities, maintenance, and development of infrastructure and superstructures of all ports in the Kingdom, except for Tanger Med.

“Portnet SA” is a Moroccan joint stock company, headquartered in Casablanca. It operates the national single window for foreign trade formalities in Morocco.

Done in Rabat on June 26, 2026.

The post Press release from the Competition Council regarding the economic concentration project concerning the acquisition by the company “Tanger Med Port Authority SA” of joint control of the company “Portnet SA”, alongside the historical shareholder the “National Ports Agency” appeared first on Conseil de la concurrence du Maroc.

This information has been prepared by the two 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 as amended and supplemented adopted for the implementation of Law No. 104-12 on freedom of prices and competition as amended and supplemented.

Names of the companies involved:

• The company “Akzo Nobel N.V.”;
• The company “Axalta Coating Systems Ltd.”.

Nature of the operation:

• Merger.

Economic sectors concerned:

• Trade of paint and coating products.

Deadline for interested third parties to submit their observations:

• 10 days from the date of publication of this press release, i.e. July 8, 2026.

NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES

The Competition Council has received notification of an economic concentration project concerning the merger between a wholly-owned subsidiary of the company “Akzo Nobel N.V.” and the company “Axalta Coating Systems Ltd.”.

“Akzo Nobel N.V.” is a Dutch public limited company with its registered office at Christian Neefestraat 2, 1077 WW Amsterdam, Netherlands, registered with the Chamber of Commerce under number 09007809. “Akzo Nobel N.V.” operates in the paint and coating market.

“Axalta Coating Systems Ltd.” is an exempted Bermuda holding company, with its registered office at 1050 Constitution Avenue, Philadelphia, PA 19112, United States, and registered with the Chamber of Commerce under number 46832. “Axalta Coating Systems Ltd.” operates in the coatings market.

The merger of the company “Akzo Nobel N.V.” and the company “Axalta Coating Systems Ltd.” brings together two multinational coating companies with complementary portfolios, aiming to better serve customers in key end markets and increase value for shareholders, employees, and other stakeholders.

Done in Rabat, June 26, 2026.

The post Press release from the Competition Council regarding the economic concentration project related to the merger between the company “Akzo Nobel N.V.” and the company “Axalta Coating Systems Ltd.” appeared first on Conseil de la concurrence du Maroc.