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 \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 confirm the completeness of the file provided for in Article 9 of Decree No. 2-14-652 adopted for the implementation of Law 104-12 on freedom of prices and competition as amended and supplemented.<\/p>\n
Names of the companies and groups involved:<\/strong><\/p>\n – The acquirer<\/strong>: The company \u201cJousset Financial Company\u201d.<\/p>\n – The target<\/strong>: The company \u201cSMAC\u201d<\/p>\n Nature of the operation<\/strong><\/p>\n – Exclusive control acquisition.<\/p>\n Economic sectors concerned<\/strong><\/p>\n – Building and public works sector.<\/p>\n Deadline for interested third parties to submit their observations<\/strong><\/p>\n – 10 days from the date of publication of this press release, i.e. April 1, 2024.<\/p>\n NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES<\/strong><\/p>\n The Competition Council has received notification of an economic concentration project concerning the acquisition of exclusive control of the company \u201cSMAC\u201d by \u201cJousset Financial Company\u201d, through the acquisition of 100% of the share capital and related voting rights.<\/p>\n \u201cJousset Financial Company\u201d<\/strong> is a limited liability company under Luxembourg law, registered with the Luxembourg Trade and Companies Register under number B281725, located at 24, rue Astrid \u2013 1143 Luxembourg – Luxembourg. This company is a financial entity whose longer-term objective is to invest in industrial, service, or technological companies with strong fundamentals and high growth potential.<\/p>\n The company \u201cSMAC\u201d<\/strong> is a simplified joint-stock company under French law, registered with the Nanterre Trade and Companies Register under number 682-040-837, located at 143, avenue de Verdun- Inspira building \u2013 92130 Issy-les-Moulineaux, 100% owned by \u201cSuchet Holdings SARL\u201d, a Luxembourg company registered with the Luxembourg Trade and Companies Register under number b 231.752, located at 2A rue Nicolas Bov\u00e9 L-1253 Luxembourg. It is active in building envelope installation works (architectural facade and cladding), building covering, building waterproofing, civil engineering structures, and parking lots.<\/p>\n Done in Rabat on March 21, 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 adopted 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 confirm the completeness of the file provided for in Article 9 of Decree No. 2-14-652 adopted for the implementation of Law 104-12 on freedom of prices and competition as amended and supplemented. Names of the companies and groups involved: – The acquirer: The company \u201cJousset Financial Company\u201d. – The target: The company \u201cSMAC\u201d Nature of the operation – Exclusive control acquisition. Economic sectors concerned – Building and public works sector. Deadline for interested third parties to submit their observations – 10 days from the date of publication of this press release, i.e. April 1, 2024. NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES The Competition Council has received notification of an economic concentration project concerning the acquisition of exclusive control of the company \u201cSMAC\u201d by \u201cJousset Financial Company\u201d, through the acquisition of 100% of the share capital and related voting rights. \u201cJousset Financial Company\u201d is a limited liability company under Luxembourg law, registered with the Luxembourg Trade and Companies Register under number B281725, located at 24, rue Astrid \u2013 1143 Luxembourg – Luxembourg. This company is a financial entity whose longer-term objective is to invest in industrial, service, or technological companies with strong fundamentals and high growth potential. The company \u201cSMAC\u201d is a simplified joint-stock company under French law, registered with the Nanterre Trade and Companies Register under number 682-040-837, located at 143, avenue de Verdun- Inspira building \u2013 92130 Issy-les-Moulineaux, 100% owned by \u201cSuchet Holdings SARL\u201d, a Luxembourg company registered with the Luxembourg Trade and Companies Register under number b 231.752, located at 2A rue Nicolas Bov\u00e9 L-1253 Luxembourg. It is active in building envelope installation works (architectural facade and cladding), building covering, building waterproofing, civil engineering structures, and parking lots. Done in Rabat on March 21, 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-41394","post","type-post","status-publish","format-standard","hentry","category-press-releases"],"acf":[],"yoast_head":"\n