Press Release from the Competition Council regarding the economic concentration project concerning the exclusive takeover by the company ‘Capgemini SE’ of the companies ‘Cloud4C Services Pte. Ltd.’ and ‘Cloud4C Services Private Limited’

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 was 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 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: ‘Capgemini SE’;
• The targets: The companies ‘Cloud4C Services Pte. Ltd.’ and ‘Cloud4C Services Private Limited’.

Nature of the operation:

• Exclusive takeover.

Economic sectors concerned:

• Markets for the provision of IT services.

Deadline for interested third parties to submit their observations:

• 10 days from the date of publication of this press release, i.e., September 15, 2025.

NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES

The Competition Council has received notification of an economic concentration operation concerning the exclusive takeover by the company ‘Capgemini SE’ of the companies ‘Cloud4C Services Pte. Ltd.’ and ‘Cloud4C Services Private Limited’ through the acquisition of 100% of the share capital and voting rights of the targets.

‘Capgemini SE’ is a European company (societas europaea) operating globally in consulting, engineering, and IT services, headquartered in Paris, France, and active in the fields of strategy and transformation, applications and technology, engineering, and operations.

‘Cloud4C Services Pte. Ltd.’ is a limited liability company under Singapore law, and ‘Cloud4C Services Private Limited’ is a limited liability company under Indian law. In Morocco, the targets operate through the company ‘Cloud4C Services SARL’, a Moroccan single-member limited liability company.

Both targets are active in providing managed hybrid cloud services (such as cloud migration, hosting, disaster recovery, and cybersecurity).

 

Done in Rabat on September 4, 2025