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 Thursday, January 5, 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 investigating services.

At the beginning of its work, the Permanent Commission approved the minutes of its meeting held on December 28, 2022.
The Permanent Commission then made decisions to authorize the following economic concentration operations:

• • The acquisition of exclusive control of the company “Peugeot Motocycles SAS” by the company “Mutares SE & CO.KGaA” through the acquisition of 50% of the share capital and 80.01% of the voting rights thereto;
  • The acquisition of a stake by the investment fund “Columbus 1” of 35% of the share capital and voting rights of the company “CEFA Industries SARL”;
  • The establishment by Stellantis N.V. and Hon Hai Precision Industry Co., LTD of a joint venture under the name of SiliconAuto B.V.