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

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, December 17, 2021 at 1:00 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 investigative services.

At the beginning of its work, the Permanent Commission approved the minutes of its meeting held on December 06, 2021.

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

• • • the acquisition, by Transmed Holding Limited, of direct joint control of Jessy Diffusion sarl through the acquisition of 85% of the capital and voting rights, and of direct exclusive control of Namias et Son Construction sarl by acquiring 100% of the capital and voting rights;
    • the acquisition of exclusive control by DuluxGroup, through its subsidiary DGL International (UK) Ltd, controlled in turn by Nippon Paint Holdings CO., LTD., of 100% of the share capital and voting rights of Cromology Holding SAS.;
    • the acquisition of exclusive control of the ”Société de Développement Automobile” by the company ‘’Auto Hall’’, through the acquisition by the latter of 100% of the share capital and voting rights of the former;

Proposed acquisition by ‘’Chevron Global Energy Inc’’ owned by ‘’Chevron Corporation’’, of direct control of 100% of the share capital and voting rights of ‘’Neste Base Oils Finland Oy’’ and ‘’Neste NV’’, as well as the stock and purchase and transport contracts of ‘’Neste Suisse S.A’’ and ‘’Neste US Inc’’, owned by ‘’Neste Oyj’’.