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 concerning the Competition Council, the Permanent Commission of the Council held a meeting on Monday, January 16, 2023 at 09:30, under the chairmanship of Mr. Ahmed Rahhou, President of the Competition Council, to examine the files submitted to it by the Council’s investigation services.

At the beginning of its work, the Permanent Commission approved the minutes of its meeting held on January 13, 2023.
The Permanent Commission then decided to authorize the following economic concentration operations:

• • The exclusive control acquisition by BANK OF AFRICA SA of BANK AL-TAMWEEL WA AL-INMA SA through the acquisition of an additional 43.56% stake in its capital and associated voting rights;
  • The acquisition by PFEIFER HOLDING GMBH of exclusive control of PÖLKKY OY through the acquisition of 100% of the share capital and related voting rights;
  • The joint control acquisition of the company “AZERYS SA”, through the acquisition of 51% of the share capital and associated voting rights following a target capital increase;
  • The exclusive control acquisition by “YAGEO CORPORATION” S.A of the company “HUDSON HOLDCO FRANCE” S.A.S, through the acquisition of 100% of its share capital and associated voting rights.