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, July 4, 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 June 23, 2022.

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

• • The acquisition by the company APC1 Holding, owned by Tikehau Ace Capital SAS, of exclusive control of the group “Crouzet” through the acquisition of 48.63% of its share capital and voting rights;
  • The Acquisition by Emirates Cable TV and Multimedia LLC and Sigma O1 Restricted Limited of joint control (via a consortium) of Playco Holdings Limited;
  • The exclusive control acquisition by “ALFA LAVAL N.V.” of 100% of the share capital and voting rights of the company “N.V. DESMET BALLESTRA Group S.A.”;
  • The exclusive control acquisition of AXA Crédit S.A. by Chari.MA S.A., through the acquisition of 99.95% of its shares and voting rights;
  • The acquisition by Selina Operations Morocco of 80% of the share capital and voting rights of the company NomadCampAfagay.