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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 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 concerned:
- The acquirer: “Harman Holding GmbH & Co. KG”;
- The target: “ZF Capri HoldCo GmbH”.
Nature of the operation:
- Exclusive takeover.
Economic sectors concerned:
- Advanced Driver Assistance Systems (ADAS) and embedded software and electronic solutions for private vehicles.
Deadline for interested third parties to submit their comments
- 10 days from the date of publication of this press release, i.e., March 23, 2026.
NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES
The Competition Council received notification of an economic concentration project concerning the exclusive takeover by the company “Harman Holding GmbH & Co. KG” of the company “ZF Capri HoldCo GmbH” through the acquisition of all its share capital and related voting rights.
“Harman Holding GmbH & Co. KG” is a limited partnership company whose general partner “Harman International Industries, Incorporated” is a limited liability company under German law, with its registered office in Karlsbad, Germany, registered with the commercial register of the local court (Amtsgericht) of Mannheim, Germany, under number HRA 361119. It specializes in the design and manufacture of consumer and professional audio products, automotive electronic components, and audio systems.
“ZF Capri HoldCo GmbH” is a limited liability company under German law with its registered office in Friedrichshafen, Germany, registered with the commercial register of Munich under number HRB 303789. It is an inactive holding company that, upon completion of the proposed operation, will hold the Advanced Driver Assistance Systems (ADAS) Business of the seller “ZF Friedrichshafen AG” for private vehicles, including automotive computer solutions, intelligent cameras, radar-based detection and telemetry systems, automotive connectivity solutions, and ADAS software functions. This activity focuses on the development, manufacture, and distribution of driving assistance and automated driving solutions for private vehicle applications. The activity also includes associated system integration and testing capabilities, validation, and qualification.
Done in Rabat, March 12, 2026.
