Press release regarding the meeting of the Competition Council Section

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Press release from the Competition Council regarding the economic concentration project concerning the acquisition by the company “KAES Phosphate Holdings, LLC” of joint control of the company “Jorf Fertilizers Company I, SA”, through the acquisition of 50% of its share capital and related voting rights, alongside the company “OCP Nutricrops SA”
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Press release from the Competition Council regarding the economic concentration project concerning the acquisition by the company “Journey Personal Care Holdings Ltd” of the indirect exclusive control of the company “Financière de la Salicorne SAS”
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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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Press release from the Competition Council regarding the economic concentration project concerning the acquisition, by the “Mohammed VI Investment Fund”, of joint control of the company “Morocco Biotechnologies” (MARBIO), alongside its historical shareholders, the Moroccan State and the company “BAB Consortium S.A.”
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Statement from the Competition Council regarding the economic concentration project concerning the exclusive takeover by the company “Elcano France Bidco SAS” of the companies “Gymspa SAS”, “FitFin SAS”, and “FitMan SAS”.

In accordance with Article 38 of the internal regulations of the Competition Council, the Council Section held a meeting on Tuesday, September 19, 2023 at 09:00, under the chairmanship of Mr. Hassan ABOUABDELMAJID, Vice-President of the Competition Council, to examine the cases submitted to it by the Council’s investigation services.

The section decided to authorize the following economic concentration operations:

    • The establishment of a joint venture between “Scania CV AB” and “Sennder Technologies GmbH”;
    • The indirect acquisition by “DIC Corporation” of the business of “Lorilleux Maroc S.A”.