Press release regarding the meeting of the Competition Council Section – held on Wednesday, February 14, 2024

In accordance with Article 38 of the Internal Regulations of the Competition Council, the Council Section held a meeting on Wednesday, February 14, 2024 at 10am, under the chairmanship of Mrs. Chaimae Abbou, Vice-President of the Competition Council, to examine the two cases submitted to it by the Council’s investigation services.

The Section then decided to authorize the following two economic concentration operations:

• Joint direct control acquisition by the company “FLO RETAIL & SHOES MA SARLAU” and Mr. Boubker JETTOU of the company “SHOELEVEN COMPANY SARLAU”;
• Indirect exclusive control acquisition of the companies “Veoneer US Safety Systems Holdco LLC” and “Veoneer Safety Systems Holdco AB” and their direct and indirect subsidiaries by the company “American Industrial Partners Capital Fund VII LP”, through the acquisition of all their capital and associated voting rights.