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In accordance with Article 13 of Law No. 104-12 on freedom of prices and competition and Article 10 of Decree No. 2-14-652 issued for its implementation, as amended and supplemented, the Competition Council makes available to the public the “summary of the operation” 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 operation.
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 issued for the implementation of Law No. 104-12 on freedom of prices and competition as amended and supplemented.
Names of the companies and groups involved:
- The acquirer: “MC IV Diagnostics S.A” and the funds “Mediterrania Capital IV Morocco FPCC-RFA, Compartment 1” and “Mediterrania Capital IV Morocco FPCC-RFA, Compartment 2”;
- The target: “La Société Marocaine des Manufactures de Mohammedia, S.A”.
Nature of the operation:
- Acquisition of exclusive control.
Economic sectors concerned:
- Flexible packaging and aluminum tubes.
Deadline for interested third parties to submit their observations:
- 10 days from the date of publication of this statement, i.e., May 25, 2026.
NON-CONFIDENTIAL SUMMARY PROVIDED BY THE PARTIES
The Competition Council received notification of the concentration project concerning the acquisition, by (i) MC IV Diagnostics, controlled by the investment fund MC IV Mid-Cap, L.P, and (ii) the funds Mediterrania Capital IV Morocco FPCC-RFA, Compartment 1 and Mediterrania Capital IV Morocco FPCC-RFA, Compartment 2, both controlled by the management company Mediterrania Capital Partners Gestion, of 100% of the share capital and voting rights of Société Marocaine des Manufactures de Mohammedia.
The company “MC IV Diagnostics SA” is a Luxembourg public limited company, established on September 4, 2025. This company is headquartered at 12C, rue Guillaume J. Kroll, 1882 Luxembourg, registered with the Luxembourg Trade and Companies Register under number B299450.
The funds “Mediterrania Capital IV Morocco FPCC-RFA, Compartment 1” and “Mediterrania Capital IV Morocco FPCC-RFA, Compartment 2” are collective investment funds in Moroccan capital and are both controlled by the management company Mediterrania Capital Partners Gestion, a public limited company headquartered at lot 58, Tour CFC, 6th floor, Core 1, Quartier Casa, Casablanca, registered with the Casablanca Trade Register under number 449053, duly authorized as a management company of collective investment funds in capital by order of the Minister of Economy, Finance and Administrative Reform No. 2899-20 of November 19, 2020.
Mediterrania Capital Partners is a leading pan-African investment fund management company, with a presence established in Morocco and the MENA region for over a decade. This company invests as a majority or significant minority shareholder in medium-sized companies with high growth potential, providing managerial, operational, and financial resources to accelerate their development.
Société Marocaine des Manufactures de Mohammedia is a Moroccan public limited company, headquartered on rue Fatima Zahra, Mohammedia, and registered with the Mohammedia Trade Register under number 11665.
This company is predominantly active in Morocco and is engaged in the production of flexible packaging (aluminum blister, paraffin papers, lids, mixpap, bands) for dairy products as well as for other types of products (pharmacy, Home & Personal Care, ready meals, and culinary aids) and the production of aluminum tubes.
Done in Rabat on May 14, 2026.
