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 individuals concerned:
- Founding Company No. 1: « Société Afriquia Marocaine de Distribution de Carburants SA »;
- Founding Company No. 2: « Ola Energy Maroc SAS »;
- Founding Company No. 3: « Winxo SA ».
Nature of the transaction:
- Establishment of a joint venture.
Economic sector concerned:
- Markets for aviation fuel storage services and aircraft refueling at airports in northern Morocco.
Deadline for interested third parties to submit their observations:
- 10 days from the date of publication of this press release, i.e. December 19, 2024.
NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES
The Competition Council received notification of an economic concentration operation concerning the establishment of the joint venture « Morocco Aviation Fuel Services SA » by the company « Société Afriquia Marocaine de Distribution de Carburants SA » and the company « Ola Energy Maroc SAS » and the company « Winxo SA ».
« Société Afriquia Marocaine de Distribution de Carburants SA » is a Moroccan joint-stock company, registered with the Casablanca Trade Register under No. 26713 and headquartered at rue Ibnou El ouannane, Ain Sebaa, Casablanca.
« Ola Energy Maroc SAS » is a simplified Moroccan joint-stock company, registered with the Casablanca Trade Register under No. 179, with its headquarters at Zenith Millenium, Building 7, Sidi Maârouf, Casablanca.
« Winxo SA » is a Moroccan joint-stock company, registered with the Casablanca Trade Register under No. 27243, with its headquarters at Winxo Building, Boulevard Abdellatif Ben Kaddour, Casablanca.
The three founding companies are active in the market for the distribution of hydrocarbons and other petroleum products in Morocco.
« Morocco Aviation Fuel Services S.A. » will be established as a Moroccan joint-stock company. Its sole purpose will be to operate and manage the facilities and infrastructure necessary for the activities of aviation fuel storage and aircraft refueling at airports in northern Morocco, namely Casablanca, Tit Mellil, Benslimane, Rabat, Fès, Tanger, Oujda, Nador, Al-Hoceima, Tétouan, Béni Mellal, Ifrane, and Taza, within the framework of a concession granted by the National Airports Office (ONDA) to the consortium, following open tender No. 24/2024/CC. This tender is part of the entry into force of Law No. 40-13 on the civil aviation code.
Done in Rabat on December 5, 2024.