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 “Société Nouvelle des Minoteries Itrane” (SNDMI) of the business assets related to the operation of the milling activity, held by the company “Minoterie Itrane SA”
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Press release from the Competition Council regarding the economic concentration project concerning the exclusive takeover of the company “Rotork plc” by the company “ABB Ltd”
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Press release from the Competition Council regarding the economic concentration project concerning the acquisition by the company “AfricInvest Small Cap Fund LLC” and the investment fund “Build-Up Fund” of joint control of the company “Urbagec SARLAU” alongside its historical shareholder, the company “MKM Capital SARLAU”
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Press release from the Competition Council regarding the economic concentration project for the exclusive takeover by the company “Air France-KLM SA” of the company “SAS AB”, through the acquisition of an additional 40.6% of the share capital and related voting rights, alongside the Danish State (via the Ministry of Finance “MoF”) and other shareholders.
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Press release from the Competition Council regarding the economic concentration project concerning the indirect exclusive takeover by the company “KONE Corporation” of the company “TK Elevator Topco GmbH”

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”.