Press Release from the Competition Council regarding the economic concentration project concerning the acquisition by the company “AKDITAL SA” of the direct exclusive control of the company “POLYCLINIQUE DAY SA”, through the acquisition of 100% of its share capital and associated voting rights.

In accordance with Article 13 of Law 104-12 on freedom of prices and competition and Article 10 of Decree No. 2-14-652 issued 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.
These details were 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 confirm the completeness of the file as provided for in Article 9 of Decree No. 2-14-652 implementing Law No. 104-12 on freedom of prices and competition, as amended and supplemented.
Names of the companies and individuals involved:
– The acquirer: “AKDITAL SA”;
– The target: “POLYCLINIQUE DAY SA”.
Nature of the operation:
– Acquisition of exclusive control.
Economic sector concerned:
– Market for diagnostic services and medical care.
Deadline for interested third parties to submit their observations:
– 10 days from the date of publication of this press release, i.e. October 2, 2023.

NON-CONFIDENTIAL SUMMARY OF THE OPERATION
The Competition Council received a notification regarding an economic concentration project concerning the acquisition by “AKDITAL SA” of the direct exclusive control of the company “POLYCLINIQUE DAY SA”, through the acquisition of 100% of the share capital and associated voting rights. “POLYCLINIQUE DAY SA” is a Moroccan joint-stock company, whose purpose is to operate a multidisciplinary clinic located in Beni-Mellal, with a hospitalization capacity of 153 beds and scheduled to start operations towards the end of 2023. “AKDITAL SA”, a Moroccan joint-stock company, is a holding company holding majority stakes in various companies specialized in investments and operation of private clinics in Morocco. It currently includes 21 private hospitals, multidisciplinary clinics, and Oncology Centers totaling 2,195 beds, located in 8 cities in the Kingdom. Its development program aims to increase its hospitalization capacity from the current 2,195 beds to 3,000 beds by opening new clinics in several regions of Morocco by 2025, to meet the needs related to the expansion of medical coverage in accordance with royal instructions.

Done in Rabat, September 21, 2023.