Press release regarding the meeting of the Permanent Commission of the Competition Council

In accordance with the provisions of Article 14 of Law 20-13 on the Competition Council as amended and supplemented, the Permanent Commission of the Council held a meeting on Monday, March 13, 2023 at 09:30, under the chairmanship of Mr. Ahmed Rahhou, President of the Competition Council, to examine the cases submitted to it by the Council’s investigative services.

At the beginning of its work, the Permanent Commission approved the minutes of its meeting held on March 6, 2023. The Permanent Commission then made decisions to authorize the following six economic concentration operations:

• • The acquisition of exclusive control of IG Bauerhin GmbH and its subsidiaries, Bauerhin-Elektro-Wärme GmbH and HG Tronic spol s.r.o. by Lear Corporation;
  • The acquisition of exclusive control by Clasquin S.A of exclusive control of Timar S.A. through the acquisition of 63.57% of its capital and voting rights;
  • The acquisition of exclusive control of the company “Teal Technology Services S.A” by the company “OCP S.A”, through the acquisition of the remaining 51% of its share capital and associated voting rights;
  • The acquisition of certain assets (76 software engineers and ancillary assets) of Hexad Gmbh by Cariad SE;
  • The joint control of the company “ARCHIPELS” by the company “IMPRIMERIE NATIONALE S.A.”, through the acquisition of 25.49% of its share capital and associated voting rights;
  • The acquisition by the company “ABU DHABI PORTS COMPANY PJSC” of exclusive control of the company “NOATUM HOLDINGS S.L.U.” and its subsidiaries controlled directly and indirectly.