Press release from the Competition Council regarding the economic concentration project concerning the acquisition of exclusive control of the company ‘KMR Holding Educational SA’ by the company ‘MK Education SA’ through the acquisition of an additional 42.11% of its share capital and related voting rights from the company ‘ADP II Holding 2 SARL’

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 ‘operation summary’ 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 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 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 involved:

• The acquirer: the company ‘MK Education SA’;
• The target: the company ‘KMR Holding Educational SA’.

Nature of the operation:

• Acquisition of exclusive control

Economic sectors concerned:

• Higher education market.

Deadline for interested third parties to submit their observations:

• 10 days from the date of publication of this press release, i.e. July 14

NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES

The Competition Council received notification of an economic concentration operation concerning the acquisition of exclusive control of the company ‘KMR Holding Educational’ by the company ‘MK Education’ through the acquisition of an additional 42.11% of its share capital and related voting rights from the company ‘ADP II Holding 2 SARL’

‘MK Education SA’ is a Moroccan joint-stock company registered with the Marrakech Trade Register under number 91229, with its head office at Villa Thérèse, rue Soumia, Saadia-Gueliz district, Marrakech, Morocco. It operates in the higher education sector in Morocco.

‘KMR Holding Educational SA’ is a Moroccan joint-stock company registered with the Marrakech Trade Register under number 61075, with its head office at Km 13, Rue d’Amizmiz, Marrakech, Morocco. It operates in the higher education sector in Morocco and Senegal.

 

Done in Rabat, July 3, 2025