Meeting of the permanent commission

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Press release from the Competition Council regarding the economic concentration project concerning the acquisition by the company “KAES Phosphate Holdings, LLC” of joint control of the company “Jorf Fertilizers Company I, SA”, through the acquisition of 50% of its share capital and related voting rights, alongside the company “OCP Nutricrops SA”
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Press release from the Competition Council regarding the economic concentration project concerning the acquisition by the company “Journey Personal Care Holdings Ltd” of the indirect exclusive control of the company “Financière de la Salicorne SAS”
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Press release from the Competition Council regarding the economic concentration project concerning the exclusive takeover by the company “Holding Afrique Diot Siaci BidCo SAS” of the company “Afrique Holding SARL” through the acquisition of 49% of the share capital and voting rights
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Press release from the Competition Council regarding the economic concentration project concerning the acquisition, by the “Mohammed VI Investment Fund”, of joint control of the company “Morocco Biotechnologies” (MARBIO), alongside its historical shareholders, the Moroccan State and the company “BAB Consortium S.A.”
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Statement from the Competition Council regarding the economic concentration project concerning the exclusive takeover by the company “Elcano France Bidco SAS” of the companies “Gymspa SAS”, “FitFin SAS”, and “FitMan SAS”.

The Permanent Commission of the Competition Council held its meeting, by videoconference, on Monday, November 16, 2020 at 09:30, under the chairmanship of Mr. Driss Guerraoui, President of the Competition Council.

At the beginning of its work, the Permanent Commission approved the minutes of its meeting held on November 10, 2020.

Furthermore, the Permanent Commission of the Competition Council, taking into consideration the absence of impacts on competition in the relevant national markets, made decisions to authorize the following four economic concentration operations:

          • The acquisition by the company “OCP s.a” of the exclusive direct control of the company “Dupont OCP Operations Consulting s.a”;
          • The creation of a joint venture called “Wolong Electric Group Co, Ltd” by the companies “ZF China Investment Co, Ltd” and “Wolong Electric Group Co, Ltd”;
          • The increase in the participation of the company “Mitsui and Co Europe Pc” in the capital and voting rights of the company “Zalar Holding s.a” and the joint control acquisition of the company with its reference shareholders;
          • And the exclusive indirect control of the “Prysmian” group by the acquisition of 100% of the share capital and voting rights of the company “EHT Global Inc”.

On the other hand, the permanent commission, considering that the referral requests submitted for review by the Competition Council do not fall within its area of competence, declared the following three referrals inadmissible:

          • The requests for authorization for the opening and expansion of the private school “Eleanor Roosevelt” in the city of Dakhla;
          • The referral from the company “Atelier Teuli” concerning the tender for horizontal and vertical signaling works in the province of Al Hoceima;
          • And the referral from the company “Promaf” concerning two tenders launched by the National Airports Office.