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 Monday, September 13, 2021 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 6, 2021.

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

• • • • The establishment of a joint venture “South East Europe Fertilizer Company S.A” by “Al Dahra Agriculture SP LLC” and the OCP Group;
      • The acquisition by “Compagnie de Saint-Gobain” of the exclusive control of “Chryso”;
      • The indirect exclusive control acquisition by “Charterhouse GP LLP” through the acquisition of 85% of the share capital and voting rights of “Calypso Investment B.V” as well as the companies bearing the name “Groupe Telio”;
      • The direct joint control acquisition by “Forafric Maroc SA” through the acquisition of 60% of the share capital and voting rights of “Moulins Sanabil SA”