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, via videoconference, on Tuesday, September 22, 2020, at 9:30 am, under the chairmanship of Mr. Driss Guerraoui, President of the Council.

After the approval of the minutes of the meeting of the Permanent Commission held on August 31, 2020, the commission decided to authorize the exclusive control by the company “Esprinet Iberica S.L.U” of the shares and voting rights of the company “GTI Software Networking S.A”.

Furthermore, the Permanent Commission, after examining all aspects related to the operation of creating a joint venture “Essaouira Farm S.A” between the company “Nareva Enel Green Power Morocco S.A” and the National Office of Electricity and Drinking Water, considered that the said operation does not meet the conditions set by Article 11 of Law No. 104-12 on freedom of prices and competition.

Regarding the completion of the examination of the withdrawal of the notification of the operation of exclusive control acquisition of the company “Carlisle Companies Incorporated” by the company “Draka Fileca S.A.S”, which was the subject of a decision by the Permanent Commission of the Competition Council to undergo a thorough examination, the Permanent Commission took note of the formal request for withdrawal of this notification by Carlisle Companies Incorporated in a letter dated June 19, 2020. Consequently, it decided to abandon the in-depth examination of this operation.