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In accordance with the provisions of Article 14 of Law 20-13 concerning the Competition Council, the Permanent Commission of the Council held a meeting on Monday, September 27, 2021 at 9:30 a.m. under the chairmanship of Mr. Ahmed Rahhou, President of the Competition Council, to examine the case 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 20, 2021.
The Permanent Commission then decided to authorize the economic concentration operation concerning the indirect exclusive control acquisition of the ‘GINGER’ Group by the private equity funds ‘SAGARD 4A’ and ‘SAGARD 4B’ managed by the company ‘SAGARD SAS.’ through the acquisition of the companies ‘LILY FINCO’ and ‘FINANCIERE LILY 2’.
