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 \u201coperation summary\u201d below, containing the information provided by the parties.<\/p>\n
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.<\/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 involved:<\/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 acquisition by the company \u201cAzelis Morocco SARL\u201d of the exclusive control of the company \u201cChemical Partners Maghreb SA\u201d, through the acquisition of 100% of the share capital and related voting rights.<\/p>\n \u201cAzelis Morocco SARL\u201d is a Moroccan limited liability company established in 2015 and a subsidiary of the Azelis group, active in the distribution of chemical products.<\/p>\n \u201cChemical Partners Maghreb SA\u201d is a Moroccan joint-stock company established in 2008. Its activity involves the sale and distribution of specialty chemical products. The company supplies specialty chemicals to the paint and coatings industry and the construction sector in Morocco.<\/p>\n <\/p>\n Done in Rabat on December 19, 2024.<\/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 issued for its implementation, as amended and supplemented, the Competition Council makes available to the public the \u201coperation summary\u201d 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 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: \u201cAzelis Morocco SARL\u201d; The target: \u201cChemical Partners Maghreb SA\u201d. Nature of the operation Acquisition of exclusive control. Economic sectors concerned Specialty chemicals distribution sector. Deadline for interested third parties to submit their observations 10 days from the date of publication of this press release, i.e., January 2, 2025. NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES The Competition Council received notification of an economic concentration operation concerning the acquisition by the company \u201cAzelis Morocco SARL\u201d of the exclusive control of the company \u201cChemical Partners Maghreb SA\u201d, through the acquisition of 100% of the share capital and related voting rights. \u201cAzelis Morocco SARL\u201d is a Moroccan limited liability company established in 2015 and a subsidiary of the Azelis group, active in the distribution of chemical products. \u201cChemical Partners Maghreb SA\u201d is a Moroccan joint-stock company established in 2008. Its activity involves the sale and distribution of specialty chemical products. The company supplies specialty chemicals to the paint and coatings industry and the construction sector in Morocco. Done in Rabat on December 19, 2024.<\/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-40218","post","type-post","status-publish","format-standard","hentry","category-press-releases"],"acf":[],"yoast_head":"\n\n
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