{"id":41228,"date":"2024-05-02T09:42:35","date_gmt":"2024-05-02T09:42:35","guid":{"rendered":"https:\/\/conseil-concurrence.preprod.io\/communique-du-conseil-de-la-concurrence-relatif-au-projet-de-concentration-qui-concerne-la-prise-du-controle-conjoint-par-les-societes-compagnie-de-transports-au-maroc-sa-et-stena-2\/"},"modified":"2026-02-06T12:44:09","modified_gmt":"2026-02-06T12:44:09","slug":"press-release-from-the-competition-council-regarding-the-concentration-project-involving-the-joint-takeover-by-the-companies-compagnie-de-transports-au-maroc-sa-and-stena-ab","status":"publish","type":"post","link":"https:\/\/conseil-concurrence.ma\/en\/press-release-from-the-competition-council-regarding-the-concentration-project-involving-the-joint-takeover-by-the-companies-compagnie-de-transports-au-maroc-sa-and-stena-ab\/","title":{"rendered":"Press release from the Competition Council regarding the concentration project involving the joint takeover by the companies \u201cCompagnie de Transports au Maroc SA\u201d and \u201cStena AB\u201d of the company \u201cAfrica Morocco Links SA\u201d through the acquisition, respectively, of 51% and 49% of its share capital and associated 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 adopted 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<p>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&#8217;s position on the proposed operation.<\/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 adopted for the implementation of Law No. 104-12 on freedom of prices and competition.<\/p>\n<p>Names of the companies and groups concerned:<\/p>\n<ul>\n<li><strong>The Acquirers<\/strong>: The companies \u201cCompagnie de Transports au Maroc SA\u201d and \u201cStena AB\u201d;<\/li>\n<li><strong>The Target<\/strong>: The company \u201cAfrica Morocco Links SA\u201d.<\/li>\n<\/ul>\n<p><strong>Nature of the operation<\/strong><\/p>\n<ul>\n<li>Joint takeover.<\/li>\n<\/ul>\n<p><strong>Economic sectors concerned<\/strong><\/p>\n<ul>\n<li>The market for maritime freight transport;<\/li>\n<li>The market for regular maritime passenger transport.<\/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. May 13, 2024.<\/li>\n<\/ul>\n<p><strong>NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES<\/strong><\/p>\n<p>The Competition Council received a notification of an economic concentration operation concerning:<\/p>\n<ul>\n<li>The acquisition of 51% of the share capital and voting rights of the company \u201cAfrica Morocco Links SA\u201d from \u201cBank Of Africa SA\u201d by \u201cCompagnie de Transports au Maroc SA\u201d, and;<\/li>\n<li>The acquisition of 49% of the share capital and voting rights of the company \u201cAfrica Morocco Links SA\u201d from \u201cAttica Holding SA\u201d by the company \u201cStena AB\u201d through its subsidiary \u201cStena Line Holding B.V.\u201d.<\/li>\n<\/ul>\n<p>\u201cCompagnie de Transport au Maroc SA\u201d (CTM) is a Moroccan joint-stock company active in passenger transport, employee transport, tourist transport, international transport, and messaging.<\/p>\n<p>\u201cStena Line Holding B.V\u201d is a Dutch limited liability company indirectly owned 100% by \u201cStena AB\u201d, a Swedish limited liability company.<\/p>\n<p>\u201cAfrica Morocco Links SA\u201d (AML) is a Moroccan joint-stock company specializing in maritime transport and owned by \u201cBank Of Africa\u201d (51%) and the Greek shipowner \u201cAttica Holdings SA\u201d through its subsidiary \u201cNordia Maritime Company\u201d (49%).<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: right;\">Done in Rabat on May 2, 2024<\/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 adopted 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 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 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. Names of the companies and groups concerned: The Acquirers: The companies \u201cCompagnie de Transports au Maroc SA\u201d and \u201cStena AB\u201d; The Target: The company \u201cAfrica Morocco Links SA\u201d. Nature of the operation Joint takeover. Economic sectors concerned The market for maritime freight transport; The market for regular maritime passenger transport. Deadline for interested third parties to submit their observations 10 days from the date of publication of this press release, i.e. May 13, 2024. NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES The Competition Council received a notification of an economic concentration operation concerning: The acquisition of 51% of the share capital and voting rights of the company \u201cAfrica Morocco Links SA\u201d from \u201cBank Of Africa SA\u201d by \u201cCompagnie de Transports au Maroc SA\u201d, and; The acquisition of 49% of the share capital and voting rights of the company \u201cAfrica Morocco Links SA\u201d from \u201cAttica Holding SA\u201d by the company \u201cStena AB\u201d through its subsidiary \u201cStena Line Holding B.V.\u201d. \u201cCompagnie de Transport au Maroc SA\u201d (CTM) is a Moroccan joint-stock company active in passenger transport, employee transport, tourist transport, international transport, and messaging. \u201cStena Line Holding B.V\u201d is a Dutch limited liability company indirectly owned 100% by \u201cStena AB\u201d, a Swedish limited liability company. \u201cAfrica Morocco Links SA\u201d (AML) is a Moroccan joint-stock company specializing in maritime transport and owned by \u201cBank Of Africa\u201d (51%) and the Greek shipowner \u201cAttica Holdings SA\u201d through its subsidiary \u201cNordia Maritime Company\u201d (49%). &nbsp; Done in Rabat on May 2, 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-41228","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 concentration project involving the joint takeover by the companies \u201cCompagnie de Transports au Maroc SA\u201d and \u201cStena AB\u201d of the company \u201cAfrica Morocco Links SA\u201d through the acquisition, respectively, of 51% and 49% of its share capital and associated 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-concentration-project-involving-the-joint-takeover-by-the-companies-compagnie-de-transports-au-maroc-sa-and-stena-ab\/\" \/>\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 concentration project involving the joint takeover by the companies \u201cCompagnie de Transports au Maroc SA\u201d and \u201cStena AB\u201d of the company \u201cAfrica Morocco Links SA\u201d through the acquisition, respectively, of 51% and 49% of its share capital and associated 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 adopted 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 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 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. Names of the companies and groups concerned: The Acquirers: The companies \u201cCompagnie de Transports au Maroc SA\u201d and \u201cStena AB\u201d; The Target: The company \u201cAfrica Morocco Links SA\u201d. Nature of the operation Joint takeover. Economic sectors concerned The market for maritime freight transport; The market for regular maritime passenger transport. Deadline for interested third parties to submit their observations 10 days from the date of publication of this press release, i.e. May 13, 2024. NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES The Competition Council received a notification of an economic concentration operation concerning: The acquisition of 51% of the share capital and voting rights of the company \u201cAfrica Morocco Links SA\u201d from \u201cBank Of Africa SA\u201d by \u201cCompagnie de Transports au Maroc SA\u201d, and; The acquisition of 49% of the share capital and voting rights of the company \u201cAfrica Morocco Links SA\u201d from \u201cAttica Holding SA\u201d by the company \u201cStena AB\u201d through its subsidiary \u201cStena Line Holding B.V.\u201d. \u201cCompagnie de Transport au Maroc SA\u201d (CTM) is a Moroccan joint-stock company active in passenger transport, employee transport, tourist transport, international transport, and messaging. \u201cStena Line Holding B.V\u201d is a Dutch limited liability company indirectly owned 100% by \u201cStena AB\u201d, a Swedish limited liability company. \u201cAfrica Morocco Links SA\u201d (AML) is a Moroccan joint-stock company specializing in maritime transport and owned by \u201cBank Of Africa\u201d (51%) and the Greek shipowner \u201cAttica Holdings SA\u201d through its subsidiary \u201cNordia Maritime Company\u201d (49%). &nbsp; Done in Rabat on May 2, 2024\" \/>\n<meta property=\"og:url\" content=\"https:\/\/conseil-concurrence.ma\/en\/press-release-from-the-competition-council-regarding-the-concentration-project-involving-the-joint-takeover-by-the-companies-compagnie-de-transports-au-maroc-sa-and-stena-ab\/\" \/>\n<meta property=\"og:site_name\" content=\"Conseil de la concurrence du Maroc\" \/>\n<meta property=\"article:published_time\" content=\"2024-05-02T09:42:35+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-02-06T12:44:09+00:00\" \/>\n<meta name=\"author\" content=\"Youssef OTMANE\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Youssef OTMANE\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/conseil-concurrence.ma\\\/en\\\/press-release-from-the-competition-council-regarding-the-concentration-project-involving-the-joint-takeover-by-the-companies-compagnie-de-transports-au-maroc-sa-and-stena-ab\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/conseil-concurrence.ma\\\/en\\\/press-release-from-the-competition-council-regarding-the-concentration-project-involving-the-joint-takeover-by-the-companies-compagnie-de-transports-au-maroc-sa-and-stena-ab\\\/\"},\"author\":{\"name\":\"Youssef OTMANE\",\"@id\":\"https:\\\/\\\/conseil-concurrence.ma\\\/en\\\/#\\\/schema\\\/person\\\/24b4bd1e24ccf3057c8fcb57662a0b81\"},\"headline\":\"Press release from the Competition Council regarding the concentration project involving the joint takeover by the companies \u201cCompagnie de Transports au Maroc SA\u201d and \u201cStena AB\u201d of the company \u201cAfrica Morocco Links SA\u201d through the acquisition, respectively, of 51% and 49% of its share capital and associated voting rights\",\"datePublished\":\"2024-05-02T09:42:35+00:00\",\"dateModified\":\"2026-02-06T12:44:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/conseil-concurrence.ma\\\/en\\\/press-release-from-the-competition-council-regarding-the-concentration-project-involving-the-joint-takeover-by-the-companies-compagnie-de-transports-au-maroc-sa-and-stena-ab\\\/\"},\"wordCount\":410,\"articleSection\":[\"Press Releases\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/conseil-concurrence.ma\\\/en\\\/press-release-from-the-competition-council-regarding-the-concentration-project-involving-the-joint-takeover-by-the-companies-compagnie-de-transports-au-maroc-sa-and-stena-ab\\\/\",\"url\":\"https:\\\/\\\/conseil-concurrence.ma\\\/en\\\/press-release-from-the-competition-council-regarding-the-concentration-project-involving-the-joint-takeover-by-the-companies-compagnie-de-transports-au-maroc-sa-and-stena-ab\\\/\",\"name\":\"Press release from the Competition Council regarding the concentration project involving the joint takeover by the companies \u201cCompagnie de Transports au Maroc SA\u201d and \u201cStena AB\u201d of the company \u201cAfrica Morocco Links SA\u201d through the acquisition, respectively, of 51% and 49% of its share capital and associated voting rights - 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Conseil de la concurrence du Maroc","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/conseil-concurrence.ma\/en\/press-release-from-the-competition-council-regarding-the-concentration-project-involving-the-joint-takeover-by-the-companies-compagnie-de-transports-au-maroc-sa-and-stena-ab\/","og_locale":"en_US","og_type":"article","og_title":"Press release from the Competition Council regarding the concentration project involving the joint takeover by the companies \u201cCompagnie de Transports au Maroc SA\u201d and \u201cStena AB\u201d of the company \u201cAfrica Morocco Links SA\u201d through the acquisition, respectively, of 51% and 49% of its share capital and associated voting rights - Conseil de la concurrence du Maroc","og_description":"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 \u201csummary of the operation\u201d 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&#8217;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. Names of the companies and groups concerned: The Acquirers: The companies \u201cCompagnie de Transports au Maroc SA\u201d and \u201cStena AB\u201d; The Target: The company \u201cAfrica Morocco Links SA\u201d. Nature of the operation Joint takeover. Economic sectors concerned The market for maritime freight transport; The market for regular maritime passenger transport. Deadline for interested third parties to submit their observations 10 days from the date of publication of this press release, i.e. May 13, 2024. NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES The Competition Council received a notification of an economic concentration operation concerning: The acquisition of 51% of the share capital and voting rights of the company \u201cAfrica Morocco Links SA\u201d from \u201cBank Of Africa SA\u201d by \u201cCompagnie de Transports au Maroc SA\u201d, and; The acquisition of 49% of the share capital and voting rights of the company \u201cAfrica Morocco Links SA\u201d from \u201cAttica Holding SA\u201d by the company \u201cStena AB\u201d through its subsidiary \u201cStena Line Holding B.V.\u201d. \u201cCompagnie de Transport au Maroc SA\u201d (CTM) is a Moroccan joint-stock company active in passenger transport, employee transport, tourist transport, international transport, and messaging. \u201cStena Line Holding B.V\u201d is a Dutch limited liability company indirectly owned 100% by \u201cStena AB\u201d, a Swedish limited liability company. \u201cAfrica Morocco Links SA\u201d (AML) is a Moroccan joint-stock company specializing in maritime transport and owned by \u201cBank Of Africa\u201d (51%) and the Greek shipowner \u201cAttica Holdings SA\u201d through its subsidiary \u201cNordia Maritime Company\u201d (49%). &nbsp; Done in Rabat on May 2, 2024","og_url":"https:\/\/conseil-concurrence.ma\/en\/press-release-from-the-competition-council-regarding-the-concentration-project-involving-the-joint-takeover-by-the-companies-compagnie-de-transports-au-maroc-sa-and-stena-ab\/","og_site_name":"Conseil de la concurrence du Maroc","article_published_time":"2024-05-02T09:42:35+00:00","article_modified_time":"2026-02-06T12:44:09+00:00","author":"Youssef OTMANE","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Youssef OTMANE","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/conseil-concurrence.ma\/en\/press-release-from-the-competition-council-regarding-the-concentration-project-involving-the-joint-takeover-by-the-companies-compagnie-de-transports-au-maroc-sa-and-stena-ab\/#article","isPartOf":{"@id":"https:\/\/conseil-concurrence.ma\/en\/press-release-from-the-competition-council-regarding-the-concentration-project-involving-the-joint-takeover-by-the-companies-compagnie-de-transports-au-maroc-sa-and-stena-ab\/"},"author":{"name":"Youssef OTMANE","@id":"https:\/\/conseil-concurrence.ma\/en\/#\/schema\/person\/24b4bd1e24ccf3057c8fcb57662a0b81"},"headline":"Press release from the Competition Council regarding the concentration project involving the joint takeover by the companies \u201cCompagnie de Transports au Maroc SA\u201d and \u201cStena AB\u201d of the company \u201cAfrica Morocco Links SA\u201d through the acquisition, respectively, of 51% and 49% of its share capital and associated voting rights","datePublished":"2024-05-02T09:42:35+00:00","dateModified":"2026-02-06T12:44:09+00:00","mainEntityOfPage":{"@id":"https:\/\/conseil-concurrence.ma\/en\/press-release-from-the-competition-council-regarding-the-concentration-project-involving-the-joint-takeover-by-the-companies-compagnie-de-transports-au-maroc-sa-and-stena-ab\/"},"wordCount":410,"articleSection":["Press Releases"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/conseil-concurrence.ma\/en\/press-release-from-the-competition-council-regarding-the-concentration-project-involving-the-joint-takeover-by-the-companies-compagnie-de-transports-au-maroc-sa-and-stena-ab\/","url":"https:\/\/conseil-concurrence.ma\/en\/press-release-from-the-competition-council-regarding-the-concentration-project-involving-the-joint-takeover-by-the-companies-compagnie-de-transports-au-maroc-sa-and-stena-ab\/","name":"Press release from the Competition Council regarding the concentration project involving the joint takeover by the companies \u201cCompagnie de Transports au Maroc SA\u201d and \u201cStena AB\u201d of the company \u201cAfrica Morocco Links SA\u201d through the acquisition, respectively, of 51% and 49% of its share capital and associated voting rights - 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