{"id":39915,"date":"2025-03-13T13:17:10","date_gmt":"2025-03-13T13:17:10","guid":{"rendered":"https:\/\/conseil-concurrence.preprod.io\/communique-du-conseil-de-la-concurrence-relatif-au-projet-de-concentration-economique-concernant-lacquisition-par-la-societe-rethmann-france-sas-du-controle-exclusif-de-la-socie-2\/"},"modified":"2026-02-06T11:27:40","modified_gmt":"2026-02-06T11:27:40","slug":"press-release-from-the-competition-council-regarding-the-economic-concentration-project-concerning-the-acquisition-by-the-company-rethmann-france-sas-of-the-exclusive-control-of-the-comp","status":"publish","type":"post","link":"https:\/\/conseil-concurrence.ma\/en\/press-release-from-the-competition-council-regarding-the-economic-concentration-project-concerning-the-acquisition-by-the-company-rethmann-france-sas-of-the-exclusive-control-of-the-comp\/","title":{"rendered":"Press release from the Competition Council regarding the economic concentration project concerning the acquisition by the company \u00ab Rethmann France SAS \u00bb of the exclusive control of the company \u00ab Transdev Group SA \u00bb, through the acquisition of an additional 32% of the share capital and related voting rights"},"content":{"rendered":"<p>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 \u00ab summary of the transaction \u00bb below, containing information provided by the parties.<\/p>\n<p>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&#8217;s position on the proposed transaction.<\/p>\n<p>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 issued for the implementation of Law No. 104-12 on freedom of prices and competition as amended and supplemented.<\/p>\n<p><strong>Names of the companies and groups involved:<\/strong><\/p>\n<ul>\n<li><strong>The acquirer<\/strong>: The company \u00ab Rethmann France SAS \u00bb;<\/li>\n<li><strong>The target<\/strong>: The company \u00ab Transdev SA \u00bb.<\/li>\n<\/ul>\n<p><strong>Nature of the transaction<\/strong><\/p>\n<ul>\n<li>Acquisition of exclusive control.<\/li>\n<\/ul>\n<p><strong>Economic sectors concerned<\/strong><\/p>\n<ul>\n<li>Public transport sector.<\/li>\n<\/ul>\n<p><strong>Deadline for interested third parties to submit their observations<\/strong><\/p>\n<ul>\n<li>10 days from the date of publication of this press release, i.e. March 26, 2025.<\/li>\n<\/ul>\n<p><strong>NON-CONFIDENTIAL SUMMARY OF THE TRANSACTION PROVIDED BY THE PARTIES<\/strong><\/p>\n<p>The Competition Council received notification of an economic concentration operation concerning the acquisition by the company \u00ab Rethmann France SAS \u00bb of an additional 32% of the share capital of the company \u00ab Transdev SA \u00bb and the related voting rights. Following the proposed transaction, \u00ab Rethmann France SAS \u00bb will hold a majority of 66% of the capital and exclusive control of the target \u00ab Transdev Group SA \u00bb.<\/p>\n<p>\u00ab Rethmann France SAS \u00bb is a French simplified joint-stock company established in 2018, engaged in fund management. It is controlled by \u00ab Rethmann SE &#038; Co. KG \u00bb, which operates in the environmental management, logistics, transport, manufacturing, and industrial production sectors.<\/p>\n<p>\u00ab Transdev Group SA \u00bb is a French public limited company established in 2011. It is a global mobility operator that designs, implements, and operates passenger transport systems integrating all modes of land and sea transport.<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: right;\">Done in Rabat, on March 13, 2025.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 \u00ab summary of the transaction \u00bb below, containing 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&#8217;s position on the proposed transaction. 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 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 \u00ab Rethmann France SAS \u00bb; The target: The company \u00ab Transdev SA \u00bb. Nature of the transaction Acquisition of exclusive control. Economic sectors concerned Public transport sector. Deadline for interested third parties to submit their observations 10 days from the date of publication of this press release, i.e. March 26, 2025. NON-CONFIDENTIAL SUMMARY OF THE TRANSACTION PROVIDED BY THE PARTIES The Competition Council received notification of an economic concentration operation concerning the acquisition by the company \u00ab Rethmann France SAS \u00bb of an additional 32% of the share capital of the company \u00ab Transdev SA \u00bb and the related voting rights. Following the proposed transaction, \u00ab Rethmann France SAS \u00bb will hold a majority of 66% of the capital and exclusive control of the target \u00ab Transdev Group SA \u00bb. \u00ab Rethmann France SAS \u00bb is a French simplified joint-stock company established in 2018, engaged in fund management. It is controlled by \u00ab Rethmann SE &#038; Co. KG \u00bb, which operates in the environmental management, logistics, transport, manufacturing, and industrial production sectors. \u00ab Transdev Group SA \u00bb is a French public limited company established in 2011. It is a global mobility operator that designs, implements, and operates passenger transport systems integrating all modes of land and sea transport. &nbsp; Done in Rabat, on March 13, 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-39915","post","type-post","status-publish","format-standard","hentry","category-press-releases"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Press release from the Competition Council regarding the economic concentration project concerning the acquisition by the company \u00ab Rethmann France SAS \u00bb of the exclusive control of the company \u00ab Transdev Group SA \u00bb, through the acquisition of an additional 32% of the share capital and related voting rights - Conseil de la concurrence du Maroc<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/conseil-concurrence.ma\/en\/press-release-from-the-competition-council-regarding-the-economic-concentration-project-concerning-the-acquisition-by-the-company-rethmann-france-sas-of-the-exclusive-control-of-the-comp\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Press release from the Competition Council regarding the economic concentration project concerning the acquisition by the company \u00ab Rethmann France SAS \u00bb of the exclusive control of the company \u00ab Transdev Group SA \u00bb, through the acquisition of an additional 32% of the share capital and related voting rights - Conseil de la concurrence du Maroc\" \/>\n<meta property=\"og:description\" content=\"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 \u00ab summary of the transaction \u00bb below, containing 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&#8217;s position on the proposed transaction. 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 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 \u00ab Rethmann France SAS \u00bb; The target: The company \u00ab Transdev SA \u00bb. Nature of the transaction Acquisition of exclusive control. Economic sectors concerned Public transport sector. Deadline for interested third parties to submit their observations 10 days from the date of publication of this press release, i.e. March 26, 2025. NON-CONFIDENTIAL SUMMARY OF THE TRANSACTION PROVIDED BY THE PARTIES The Competition Council received notification of an economic concentration operation concerning the acquisition by the company \u00ab Rethmann France SAS \u00bb of an additional 32% of the share capital of the company \u00ab Transdev SA \u00bb and the related voting rights. Following the proposed transaction, \u00ab Rethmann France SAS \u00bb will hold a majority of 66% of the capital and exclusive control of the target \u00ab Transdev Group SA \u00bb. \u00ab Rethmann France SAS \u00bb is a French simplified joint-stock company established in 2018, engaged in fund management. It is controlled by \u00ab Rethmann SE &#038; Co. KG \u00bb, which operates in the environmental management, logistics, transport, manufacturing, and industrial production sectors. \u00ab Transdev Group SA \u00bb is a French public limited company established in 2011. 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