In accordance with Article 13 of Law No. 104-12 on freedom of prices and competition as amended and supplemented 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 \u201csummary of the operation\u201d below, containing the information provided by the parties.<\/p>\n
This information was prepared by the notifying party, which is solely responsible. Any 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 issued 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 takeover, by the company \u201cARaymond et Cie SCS\u201d, or one of its subsidiaries, of the companies \u201cFacil Holding BV\u201d and \u201cFacil Corporate BV\u201d, through the acquisition of the remaining 50% of their share capital and related voting rights, currently held by \u201cKamax Holding GmbH & Co KG\u201d.<\/p>\n \u201cARaymond et Cie SCS\u201d is a French limited partnership with a capital of \u20ac3,203,200, headquartered at 113 cours Berriat, 38000, Grenoble, France, and registered with the Grenoble Trade and Companies Register under number 057501256. It is a global player specializing in fluid management and fastening and assembly solutions.<\/p>\n In Morocco, ARaymond is involved in the production, distribution, import, and export of all fluid fastening systems and connectors.<\/p>\n \u201cFacil Holding BV\u201d is a Belgian company headquartered at Geleenlaan 20, B-3600 Genk – Belgium, registered in Belgium under number BE 0 837 285 984, jointly owned by \u201cARaymond et Cie SCS\u201d and \u201cKamax Holding GmbH & Co KG\u201d.<\/p>\n \u201cFacil Corporate BV\u201d, a Belgian company headquartered at Geleenlaan 20, B-3600 Genk – Belgium, registered in Belgium under number BE 0 466 971 955, jointly owned by \u201cARaymond et Cie SCS\u201d and \u201cKamax Holding GmbH & Co KG\u201d.<\/p>\n Both target companies are active in the market for fasteners and small parts necessary for vehicle assembly.<\/p>\n <\/p>\n Done in Rabat, February 10, 2025<\/p>\n","protected":false},"excerpt":{"rendered":" In accordance with Article 13 of Law No. 104-12 on freedom of prices and competition as amended and supplemented 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 \u201csummary of the operation\u201d below, containing the information provided by the parties. This information was prepared by the notifying party, which is 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 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 concerned: The acquirer: \u201cARaymond et Cie SCS\u201d; The targets: \u201cFacil Holding BV\u201d and \u201cFacil Corporate BV\u201d. Nature of the operation Exclusive takeover. Economic sectors concerned The market for fasteners and small parts for vehicle assembly. Deadline for interested third parties to submit their observations 10 days from the date of publication of this press release, i.e. February 21, 2025. NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES The Competition Council received notification of an economic concentration operation concerning the exclusive takeover, by the company \u201cARaymond et Cie SCS\u201d, or one of its subsidiaries, of the companies \u201cFacil Holding BV\u201d and \u201cFacil Corporate BV\u201d, through the acquisition of the remaining 50% of their share capital and related voting rights, currently held by \u201cKamax Holding GmbH & Co KG\u201d. \u201cARaymond et Cie SCS\u201d is a French limited partnership with a capital of \u20ac3,203,200, headquartered at 113 cours Berriat, 38000, Grenoble, France, and registered with the Grenoble Trade and Companies Register under number 057501256. It is a global player specializing in fluid management and fastening and assembly solutions. In Morocco, ARaymond is involved in the production, distribution, import, and export of all fluid fastening systems and connectors. \u201cFacil Holding BV\u201d is a Belgian company headquartered at Geleenlaan 20, B-3600 Genk – Belgium, registered in Belgium under number BE 0 837 285 984, jointly owned by \u201cARaymond et Cie SCS\u201d and \u201cKamax Holding GmbH & Co KG\u201d. \u201cFacil Corporate BV\u201d, a Belgian company headquartered at Geleenlaan 20, B-3600 Genk – Belgium, registered in Belgium under number BE 0 466 971 955, jointly owned by \u201cARaymond et Cie SCS\u201d and \u201cKamax Holding GmbH & Co KG\u201d. Both target companies are active in the market for fasteners and small parts necessary for vehicle assembly. Done in Rabat, February 10, 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-40074","post","type-post","status-publish","format-standard","hentry","category-press-releases"],"acf":[],"yoast_head":"\n\n
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