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

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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 the provisions of Article 38 of the internal regulations of the Competition Council, the Council section held a meeting on Tuesday, September 12, 2023 at 10:00 am, under the chairmanship of Mr. Abdellatif El MKADDEM, Vice-President of the Competition Council, to examine the files submitted to it by the Council’s investigative services.

The section decided to authorize the following economic concentration operations:

    • The exclusive control acquisition by the company “HILTI AG” of the company “4PS BEHEER BV” through the acquisition of all its share capital and associated voting rights;
    • The direct joint control acquisition of the company “RH AULNAY SAS” by “CARREFOUR FRANCE SAS”, through the acquisition of 45% of its share capital and associated voting rights;
    • The exclusive control acquisition of the company “CHENAL I LIMITED” and its direct and indirect subsidiaries by the company “KERING BEAUTE S.A.S” belonging to the “KERING” group.