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 adopted 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.<\/p>\n
This information was prepared by the notifying parties, who are solely responsible. Inaccurate or distorted information contained therein does not in any way prejudge the Competition Council’s position on the proposed operation.<\/p>\n
The publication of this press release does not attest to the completeness of the file provided for in Article 9 of Decree No. 2-14-652 adopted for the implementation of Law No. 104-12 on freedom of prices and competition as amended and supplemented.<\/p>\n
Names of the companies and groups concerned:<\/strong><\/p>\n Nature of the operation<\/strong><\/p>\n Economic sectors concerned:<\/strong><\/p>\n Deadline for interested third parties to submit their observations:<\/strong><\/p>\n NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES<\/strong><\/p>\n The Competition Council received notification of an economic concentration operation concerning the exclusive control acquisition by the company ‘CIRCOR France SAS’ of the company ‘Soci\u00e9t\u00e9 de Prestations M\u00e9caniques et A\u00e9ronautiques SAS’.<\/p>\n ‘CIRCOR France SAS’ is a simplified joint-stock company under French law with its registered office at 28 Avenue Clara, 94420 Le Plessis-Tr\u00e9vise and is registered with the Commercial and Companies Register of Cr\u00e9teil under number 969 202 688. ‘CIRCOR France SAS’ is wholly owned by ‘CIRCOR International, Inc.’ (with its subsidiaries, the ‘CIRCOR Group’). The CIRCOR Group designs, manufactures, and markets differentiated technological products and subsystems in the industry, aerospace, and defense sectors.<\/p>\n The CIRCOR Group is predominantly indirectly owned by investment funds, vehicles, and\/or accounts advised and managed by various subsidiaries of KKR & Co. Inc. (‘KKR & Co.’ and, with its subsidiaries, ‘KKR’). ‘KKR’ is an international investment company that offers alternative asset management services, as well as solutions in capital markets and insurance. ‘KKR’ oversees funds that invest in private equity, credit, and real assets, and has strategic partners managing hedge funds.<\/p>\n ‘Soci\u00e9t\u00e9 de Prestations M\u00e9caniques et A\u00e9ronautiques SAS (SPMA)’ is a simplified joint-stock company under French law with its registered office at Zone artisanale des Platanes, rue Louis Fournier, 77100 Meaux, France and registered with the Commercial and Companies Register of Meaux under number 345 237 168. ‘SPMA’ is active in the supply of machined spare parts manufactured based on customer technical specifications (machining services), mainly for the aerospace sector.<\/p>\n <\/p>\n Done in Rabat, July 03, 2025<\/p>\n","protected":false},"excerpt":{"rendered":" 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 adopted 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 was prepared by the notifying parties, who are solely responsible. 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 press release does not attest to the completeness of the file provided for in Article 9 of Decree No. 2-14-652 adopted for the implementation of Law No. 104-12 on freedom of prices and competition as amended and supplemented. Names of the companies and groups concerned: The acquirer: ‘CIRCOR France SAS’; The target: ‘Soci\u00e9t\u00e9 de Prestations M\u00e9caniques et A\u00e9ronautiques SAS’. Nature of the operation Acquisition of exclusive control. Economic sectors concerned: Market for the supply of spare parts. Deadline for interested third parties to submit their observations: 10 days from the date of publication of this press release, i.e. July 14, 2025. NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES The Competition Council received notification of an economic concentration operation concerning the exclusive control acquisition by the company ‘CIRCOR France SAS’ of the company ‘Soci\u00e9t\u00e9 de Prestations M\u00e9caniques et A\u00e9ronautiques SAS’. ‘CIRCOR France SAS’ is a simplified joint-stock company under French law with its registered office at 28 Avenue Clara, 94420 Le Plessis-Tr\u00e9vise and is registered with the Commercial and Companies Register of Cr\u00e9teil under number 969 202 688. ‘CIRCOR France SAS’ is wholly owned by ‘CIRCOR International, Inc.’ (with its subsidiaries, the ‘CIRCOR Group’). The CIRCOR Group designs, manufactures, and markets differentiated technological products and subsystems in the industry, aerospace, and defense sectors. The CIRCOR Group is predominantly indirectly owned by investment funds, vehicles, and\/or accounts advised and managed by various subsidiaries of KKR & Co. Inc. (‘KKR & Co.’ and, with its subsidiaries, ‘KKR’). ‘KKR’ is an international investment company that offers alternative asset management services, as well as solutions in capital markets and insurance. ‘KKR’ oversees funds that invest in private equity, credit, and real assets, and has strategic partners managing hedge funds. ‘Soci\u00e9t\u00e9 de Prestations M\u00e9caniques et A\u00e9ronautiques SAS (SPMA)’ is a simplified joint-stock company under French law with its registered office at Zone artisanale des Platanes, rue Louis Fournier, 77100 Meaux, France and registered with the Commercial and Companies Register of Meaux under number 345 237 168. ‘SPMA’ is active in the supply of machined spare parts manufactured based on customer technical specifications (machining services), mainly for the aerospace sector. Done in Rabat, July 03, 2025<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[352],"tags":[],"class_list":["post-39370","post","type-post","status-publish","format-standard","hentry","category-press-releases"],"acf":[],"yoast_head":"\n\n
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