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In accordance with Article 13 of Law 104-12 on freedom of prices and competition and Article 10 of Decree No. 2-14-652 adopted for its implementation as amended and supplemented, the Competition Council makes available to the public the « summary of the transaction » below, containing the information provided by the parties.
This information has been prepared by the notifying parties, who are solely responsible. Any inaccurate or distorted information contained therein does not in any way prejudge the Competition Council’s position on the proposed transaction.
The publication of this statement does not attest to the completeness of the file provided for in Article 9 of Decree No. 2-14-652 implementing Law 104-12 on freedom of prices and competition.
Names of the companies and groups involved:
– Starcin Holding France SAS
– Adfil N.V.
Nature of the transaction
– Acquisition of exclusive control
Economic sectors concerned
– the development, production, and marketing of synthetic fibers for concrete reinforcement.
Deadline for interested third parties to submit their comments
– 10 days from the date of publication of this statement, i.e., Monday, October 20, 2023.
NON-CONFIDENTIAL SUMMARY OF THE TRANSACTION PROVIDED BY THE PARTIES
The Competition Council has received notification of a concentration operation concerning the acquisition of the entire share capital of the company Adfil N.V. and the associated voting rights of N.V. (Adfil) by Starcin Holding France SAS, a wholly-owned subsidiary of Compagnie de Saint-Gobain S.A. (Saint-Gobain).
Saint-Gobain is a French company listed on the Paris Stock Exchange that manufactures and supplies a wide range of building materials.
Adfil is a Belgian group active in the development, production, and marketing of synthetic fibers, a type of product for concrete reinforcement incorporated structurally into the concrete before it hardens, to improve its strength and durability without altering its chemical properties.
Done in Rabat on October 9, 2023.
