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 companies and individuals concerned:
- Founding Company No. 1: “TotalEnergies Marketing Maroc SA”;
- Founding Company No. 2: “Vivo Energy Maroc SAS”;
Nature of the operation
- Creation of a joint venture.
Economic sector concerned:
- Markets for aviation fuel storage services and aircraft refueling at airports in the South of Morocco.
Deadline for interested third parties to submit their observations:
- 10 days from the date of publication of this press release, i.e., February 10, 2025.
NON-CONFIDENTIAL SUMMARY OF THE OPERATION
The Competition Council has received notification of an economic concentration operation concerning the creation of a joint venture by the companies “TotalEnergies Marketing Maroc SA” and “Vivo Energy Maroc SAS”.
“TotalEnergies Marketing Maroc SA” is a Moroccan joint stock company, registered with the Casablanca Trade Register under No. 39, with its head office at 146 Boulevard Zerktouni, Casablanca, active in Morocco in the entire petroleum products sector. This company is majority-owned and indirectly controlled by “TotalEnergies SE”, an internationally vertically integrated energy company operating in over 130 countries.
“Vivo Energy Maroc SA” is a Moroccan joint stock company, registered with the Casablanca Trade Register under No. 463, with its head office at Route de Nouaceur, Immeuble le Zenith II, Lotissement Attaoufik, Casablanca, specializing in the distribution of fuels, lubricants, and liquefied petroleum gas. “Vivo Energy Maroc” is owned by the Vivo Energy Group active in the distribution sectors of Shell and Engen branded fuels and lubricants, as well as the filling and distribution of liquefied petroleum gas under the Butagaz brand.
The joint venture will be jointly controlled by the two companies and will aim to provide aviation fuel storage and aircraft refueling services at airports in the South of Morocco, within the framework of the concession granted by the National Airports Office (ONDA) to the consortium, following open tender No. 24/2024/CC, which is part of the entry into force of Law No. 40-13 on the civil aviation code.
Done in Rabat on January 28, 2025.