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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 Friday, January 28, 2022 at 3:00 p.m. 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 January 17, 2022.
The Permanent Commission then made a decision to authorize an economic concentration operation consisting of the acquisition by the company ‘Globis Acquisition Corp’ of the exclusive control of the company ‘Forafric Agro Holdings Limited’ through the acquisition of 100% of its share capital and voting rights.
Furthermore, in accordance with the provisions of Article 26 of Law 104-12 on price freedom and competition, the Permanent Commission declared inadmissible, because it does not fall within the jurisdiction of the Competition Council, the referral registered under number 139/S/2021 of December 28, 2021 concerning the architectural competition for the realization of architectural studies and the monitoring of the execution works of the consolidation, restoration, and rehabilitation project of Qasr Al Mansour in Meknes, organized by the Agency for the Development and Rehabilitation of the city of Fes.
