Press release from the Competition Council regarding the economic concentration project concerning the joint takeover of the company « Société Phocéenne de Participations SA » by the company « Oakview Capital L6 DAC » and the company « CF BM UK Holdings LTD »

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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 « summary of the operation » 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 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 acquirers
    • The company « Oakview Capital L6 DAC »;
    • The company « CF BM UK Holdings LTD ».
  • The target: The company « Société Phocéenne de Participations SA ».

Nature of the operation

  • Joint takeover.

Economic sectors concerned:

  • Provision of maritime logistics support services with offshore support vessels (OSVs).

Deadline for interested third parties to submit their observations:

  • 10 days from the date of publication of this press release, i.e., April 20.

NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES

The Competition Council received notification of an economic concentration project concerning the joint takeover of « Société Phocéenne de Participations SA » (« SPP ») by the company « Oakview Capital L6 DAC » (« Oakview »), and the company « CF BM UK Holdings LTD » (« CF »), as part of a restructuring process, through the acquisition of new shares issued to increase their stake to 70.3% of its share capital and related voting rights.

« Oakview Capital L6 DAC » is a private limited company under Irish law with its registered office at 5th Floor, the Exchange, George’s Dock, I.F.S.C., Dublin 1, D01 W3P9, Ireland, registered under number 707361. It specializes in the acquisition, holding, management, financing, recovery, and transfer of financial assets. It is ultimately controlled by the company « Davidson Kempner Capital Management LP » (« DK »).

« Davidson Kempner Capital Management LP » is a Delaware limited partnership with its registered office at c/o Cogency Global Inc., 850 New Burton Road, Suite 201, Dover, 19904, United States of America, registered under number 2544375. It specializes in investing in companies primarily active in the EEA, the UK, and the US, in various sectors, including manufacturing and production, healthcare, retail, consumer goods, financial services, and real estate.

« CF BM UK Holdings LTD » is an English private limited company with its registered office at Duo, Level 6, 280 Bishopsgate, London, United Kingdom, EC2M 4RB, registered under number 16064480. It specializes in investment holding company activities. It is controlled by subsidiaries of the company « Fortress Investment Group LLC » (« Fortress ») (jointly ultimately owned by the company « Mubadala Investment Company PJSC » (« MIC ») and the company « FM Investor Aggregator LP » (« Fortress Aggregator »)).

« Fortress Investment Group LLC » is a Delaware limited liability company with its registered office at c/o The Corporation Trust Company, Corporation Trust Center, 1209 Orange Street Wilmington, Delaware (US-DE), 19801, United States of America, registered under number 4246703. It is engaged in a wide range of investment strategies, including credit, real estate, private equity, and permanent capital, on behalf of institutional clients and private investors worldwide, notably in North America, the EEA, the UK, and Japan.

« Mubadala Investment Company PJSC » is a public joint stock company under UAE law with its registered office at Mamoura buildings, Near Muroor (4th) Road & Mohammed, Bin Khalifa (15th) Street, Abu Dhabi, United Arab Emirates, registered under number 213800GR9PMZV1HA6636. It is engaged in a wide range of asset classes (including private equity, venture capital, real estate and infrastructure, alternative investments, and credit).

« Société Phocéenne de Participations SA » is a French public limited company with its registered office at 50 Rue de Forbin 13002 Marseille, France, registered with the Marseille Trade and Companies Register under number 853 908 853. It specializes in providing maritime logistics services for offshore energy operators and companies in the oil industry, including chartering support vessels for offshore oil activities.

 

Done in Rabat, April 9, 2026