Press Release from the Competition Council regarding the economic concentration project concerning the acquisition by the company “M&J Inv España 2025” of the exclusive control of the company “Ficosa International, SA”

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 adopted for its implementation, as amended and supplemented, the Competition Council makes available to the public the “summary of the operation” below, containing the information provided by the parties.

This information has been prepared by the notifying parties, who are solely responsible. 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 attest to the completeness of the file provided for in Article 9 of Decree No. 2-14-652 adopted 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 acquirer: “M&J Inv España 2025”;
• The target: “Ficosa International, SA”.

Nature of the operation

• Acquisition of exclusive control.

Economic sectors concerned:

• Market for the production and marketing of vision and security systems for the automotive and mobility sectors.

Deadline for interested third parties to submit their observations:

• 10 days from the date of publication of this press release, i.e. January 5, 2026.

NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES

The Competition Council has received notification of an economic concentration project concerning the exclusive control takeover by the company “M&J Inv España 2025” of the company “Ficosa International, SA”, through the acquisition of 100% of the share capital and voting rights attached thereto.

“M&J INV España 2025” is a Spanish company established on June 27, 2025, with its registered office at Gran Vía Carlos III, 98, 5th floor, Barcelona, and holding the tax identification number (N.I.F.) B-22.665.962. It is an investment vehicle wholly owned by Mr. Javier Pujol, dedicated to the needs of this operation.

“Ficosa International, SA” is a Spanish public limited company, registered in the Commercial Register of Barcelona under number A08420689, with its registered office at Gran Via Carlos III, 98, 5th floor, Barcelona, Spain. It is the holding company of the Ficosa group, specialized in research, development, manufacturing, and marketing of advanced vision, security, connectivity, and efficiency systems for the automotive and mobility sectors.

 

Done in Rabat, on December 25, 2025