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

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In accordance with the provisions of Article 14 of Law 20-13 on the Competition Council, the Permanent Commission of the Council held a meeting on Monday, September 26, 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 September 19, 2022.

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

    • Acquisition of 100% of the share capital and voting rights of ‘Chemical Partners Middle East SAL’ and ‘Chempart Polymers SAL Offshore’ by ‘Orkila Holding SAL’ and of ‘Chemical Partners Europe NV’ and ‘Chemical Partners Africa NV’ by ‘Azelis Benelux NV’.
    • Acquisition by the company SOFAC SA of exclusive control through the acquisition of 85% of the share capital and voting rights of the company BADEEL SMARTLEASE SA.