Press Release from the Competition Council regarding the economic concentration project concerning the indirect exclusive takeover of the company ‘Mala Sag AB’ by the company ‘HS Timber Group GmbH’

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 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 concerned:

• The direct acquirer: The company ‘Nextwood Four GmbH’;
• The indirect acquirer: The company ‘HS Timber Group GmbH’;
• The target: The company ‘Mala Sag AB’.

Nature of the operation

• Exclusive control acquisition.

Economic sectors concerned

• Wood supply sector.

Deadline for interested third parties to submit their observations

• 10 days from the date of publication of this press release, i.e. December 01, 2025.

NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES

The Competition Council received notification of an economic concentration project concerning the indirect exclusive acquisition of the company ‘Mala Sag AB’ by the company ‘HS Timber Group GmbH’ (HS Timber) through the company ‘Nextwood Four GmbH’.

‘Nextwood Four GmbH’ is an Austrian holding company established for the purposes of the proposed operation and owned by ‘HS Timber’.

‘HS Timber’ is an Austrian limited liability company, mainly active in the wood processing industry and also involved in wood production, wood trading, and bioenergy production on an international scale.

‘Mala Sag AB’ is a Swedish limited liability company established for the purposes of the proposed operation, which operates a sawmill in Sweden. Its activities include the manufacture and marketing of sawn timber and by-products for industrial and commercial customers. The company’s operations are carried out outside Morocco.

 

Done in Rabat on November 20, 2025