Press release from the Competition Council regarding the economic concentration project concerning the exclusive takeover by the company “Holding Afrique Diot Siaci BidCo SAS” of the company “Afrique Holding SARL” through the acquisition of 49% of the share capital and voting rights

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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 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 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 “Holding Afrique Diot Siaci BidCo SAS”;
  • The target: the company “Afrique Holding S.à.r.l.”;

Nature of the operation:

  • Exclusive takeover.

Economic sectors concerned:

  • Brokerage and intermediation in insurance and risk management consulting.

Deadline for interested third parties to submit their observations:

  • 10 days from the date of publication of this press release, i.e. October 19, 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 “Holding Afrique Diot Siaci BidCo SAS” of the company “Afrique Holding Sarl”. The operation consists of acquiring the remaining 49% of the share capital and voting rights of the target company from the company “Amethis Brokerage Sarl”, thereby increasing the acquirer’s stake from 51% to 100%.

“Holding Afrique Diot Siaci BidCo SAS” is a simplified joint-stock company under French law, with a share capital of €5,000, headquartered at 39, rue Mstislav Rostropovitch, 75017 Paris, France, registered with the Paris Trade and Companies Register under number 921 925 228. It is a holding company belonging to the “Diot Siaci” group, active in insurance and reinsurance consulting and brokerage.

“Afrique Holding S.à.r.l.” is a limited liability company under Luxembourg law, headquartered at 14-16, avenue Pasteur, 2310 Luxembourg, Grand Duchy of Luxembourg, registered with the Luxembourg Trade and Companies Register under number B275108. It engages in the acquisition and management of stakes and, through its subsidiaries, is active in insurance brokerage and intermediation as well as risk management consulting.

 

Done in Rabat, on October 08, 2026