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

In accordance with the provisions of Article 14 of Law No. 20-13 on the Competition Council, the Permanent Commission of the Council held a meeting on Monday, October 24, 2022 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 October 17, 2022.

The Permanent Commission then decided to authorize the following economic concentration operations:

• • The joint control acquisition of the company “CAP Retail” by “Valoris Equity Fund” of 34.18% of its shares and voting rights, and by Mr. Amine Berrada and his subsidiary “SPV Berrada” of 50.4% of its shares and voting rights;
  • The acquisition by the company “Marsh International Holdings,” a company of the “Marsh McLennan” group, of the exclusive control of the company “Beassur Marsh” through the acquisition of an additional 35% of its share capital and related voting rights;
  • The exclusive control acquisition of the company “EVAG Emder Verkehrs und Automotive GmbH” by the company “Volkswagen Group Services GmbH” through the acquisition of 100% of its share capital and related voting rights;
  • The exclusive control acquisition of the company “Safilait S.A.” by the company “Polmlek International SP. Z O.O.”;
  • The exclusive control acquisition of the company “Ferme Tarmast S.A.R.L A.U.” by the company “Polmlek International SP. Z O.O.” (decision made on October 28, 2022);
  • The acquisition by the company “Nord Africa Bottling Company SA” and its subsidiaries: Centrale des Boissons Gazeuses SA, Compagnie des Boissons Gazeuses du Sud SA, Compagnie de Boissons Marocaines et Internationales, of the exclusive control of the company “Atlas Bottling Company SA” through the acquisition of all its shares and related voting rights;