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In accordance with Article 13 of Law No. 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 « summary of the transaction » below, containing the information provided by the parties.
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 transaction.
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 indirect acquirer:
- The company « EQT Fund Management S.à.r.l ».
The direct acquirer:
- The company « Isotope Bidco Limited ».
The target:
- The company « Intertek Group Plc ».
Nature of the transaction:
- Acquisition of exclusive control.
Economic sectors concerned:
- The sectors of Insurance services and Testing, Inspection, and Certification.
Deadline for interested third parties to submit their observations:
- 10 days from the date of publication of this press release, i.e. September 9, 2026.
NON-CONFIDENTIAL SUMMARY OF THE TRANSACTION PROVIDED BY THE PARTIES
The Competition Council has received notification of a project for an economic concentration operation concerning the acquisition, by the company « EQT Fund Management S.à.r.l », of the indirect exclusive control of the company « Intertek Group Plc », through the acquisition of all of its share capital and associated voting rights, through the company « Isotope Bidco Limited ».
« EQT Fund Management S.à.r.l » is a Luxembourg limited liability company registered under number B167972, with its registered office at 51A, Boulevard Royal, L-2449 Luxembourg, Grand Duchy of Luxembourg. « EQT Fund Management S.à r.l » acts as the manager of the alternative investment fund EQT X, a private investment fund within the EQT investment fund group. EQT’s portfolio companies are active in various sectors and in different geographical areas around the world.
« Isotope Bidco Limited » is a UK limited liability company indirectly owned by the EQT X investment fund. This company was established for the purpose of carrying out the present operation.
« Intertek Group Plc » is a public limited company incorporated in England and Wales, registered under number 04267576, with its registered office at 33 Cavendish Square, London, W1G 0PS, United Kingdom. « Intertek Group Plc » provides assurance, testing, inspection, and certification services to industrial clients. « Intertek Group Plc » operates in Morocco through two exclusive subsidiaries, namely « Intertek Labtest SARL » and « Intertek Med SARL », as well as the company « Moody Certification Maroc SARL », in which it holds 30% of its share capital and associated voting rights.
Done in Rabat on August 28, 2026.
