Statement from the Competition Council regarding the economic concentration project concerning the exclusive takeover of the company “Trigo Holding SAS” by the company “Montyon Management GP SARL”

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 “operation summary” below, containing the information provided by the parties.

This information was 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: The company “Montyon Management GP SARL”;
• The target: The company “Trigo Holding SAS”.

Nature of the operation

• Exclusive takeover.

Economic sectors concerned:

• Provision of industrial engineering and quality services;
• Provision of inspection, control, and certification services.

Deadline for interested third parties to submit their observations:

• 10 days from the date of publication of this statement, i.e., May 4

NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES

The Competition Council received notification of an economic concentration operation concerning the exclusive takeover of the company “Trigo Holding SAS” by the company “Montyon Management GP”, through an acquisition vehicle named “Montyon Capital Trigo BidCo”, by acquiring at least 95% of its share capital and related voting rights.

“Montyon Management GP” is a limited liability company under Luxembourg law, with a share capital of 12,000 euros, headquartered at 12C Rue Guillaume J.Kroll, Luxembourg, Luxembourg, registered with the Luxembourg Trade and Companies Register under number B305233. It is active in the management and administration of investments, particularly as a partner, limited partner, or manager of partnerships, as well as in the holding, management, and development of investment portfolios in Luxembourg and foreign companies.

“Montyon Capital Trigo BidCo” is a single-member simplified joint-stock company (SASU) under French law, with a share capital of 1.00 euros, headquartered at 20 avenue Kléber, 75116, Paris, France, registered with the Paris Trade and Companies Register under number 103 475 943 and represented by Mr. Pascal Lebard. Its purpose is the purchase, subscription, holding, management, administration, sale, or contribution of shares or other securities in all companies, as well as the provision of services and advice, particularly in the areas of human resources, IT, management, communication, finance, legal, marketing, and procurement, for the benefit of its subsidiaries and direct or indirect investments.

“Trigo Holding SAS” is a simplified joint-stock company under French law, with a share capital of 172,580.00 euros, headquartered at 4, avenue Pablo Picasso – 92000 Nanterre, France, registered with the Nanterre Trade and Companies Register under number 820 560 050. Its main purpose is the management of operational quality, inspection, auditing, and engineering for the automotive, aerospace, defense, and rail industries.

 

Done in Rabat, April 23, 2026