Meeting of the permanent commission

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Press Releases
Press release from the Competition Council regarding the economic concentration project concerning the acquisition by the company “Société Nouvelle des Minoteries Itrane” (SNDMI) of the business assets related to the operation of the milling activity, held by the company “Minoterie Itrane SA”
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Press release from the Competition Council regarding the economic concentration project concerning the exclusive takeover of the company “Rotork plc” by the company “ABB Ltd”
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Press release from the Competition Council regarding the economic concentration project concerning the acquisition by the company “AfricInvest Small Cap Fund LLC” and the investment fund “Build-Up Fund” of joint control of the company “Urbagec SARLAU” alongside its historical shareholder, the company “MKM Capital SARLAU”
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Press Releases
Press release from the Competition Council regarding the economic concentration project for the exclusive takeover by the company “Air France-KLM SA” of the company “SAS AB”, through the acquisition of an additional 40.6% of the share capital and related voting rights, alongside the Danish State (via the Ministry of Finance “MoF”) and other shareholders.
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Press release from the Competition Council regarding the economic concentration project concerning the indirect exclusive takeover by the company “KONE Corporation” of the company “TK Elevator Topco GmbH”

The Permanent Commission of the Competition Council held its meeting at the Council’s headquarters on Monday, July 13, 2020 at 10:00 a.m., under the chairmanship of Mr. Driss Guerraoui, President of the Council.

After a thorough examination of the first item on the agenda of the meeting, the Permanent Commission made decisions to authorize two economic concentration operations that do not impact competition in the relevant markets. These operations are as follows:

          • The creation of a new company by the companies “VLT Investment 6 B.O” and “Voltalia Maroc”, owned by the “Voltalia” group;
          • The acquisition by the company “CEVA Logistics headoffice Bo” of 60% of the shares and exclusive control of the company “AS Transport International”.

Furthermore, the Permanent Commission examined the draft decision to cancel the in-depth study regarding the acquisition by the company “Carlisle” of the company “Draka”, specialized in aeronautical electrical wiring following the request of the notifying party to withdraw its authorization request for the said operation.

Also, in order to allow the members of the commission to definitively decide on the project of the decision submitted to them, the Council’s instruction services were asked to provide additional elements of comparative law concerning the examined file.

The Permanent Commission had previously approved the minutes of its meeting held on July 02, 2020.