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 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’s position on the proposed operation.<\/p>\n
The publication of this statement 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 has received notification of an economic concentration project concerning the joint takeover of the companies \u201cSogefi USA Inc.\u201d and \u201cSogefi Filtration S.A\u201d, subsidiaries of the company \u201cSogefi S.p.A\u201d, by the companies \u201cCarta Acquisition France SAS\u201d and \u201cCarta Acquisition US Inc.\u201d, subsidiaries of the company \u201cPacific Avenue Capital Partners, LLC\u201d.<\/p>\n \u201cCarta Acquisition France SAS\u201d is a French simplified joint-stock company with its registered office at 3, rue de Pondich\u00e9ry 75015 Paris (France).<\/p>\n \u201cCarta Acquisition US Inc.\u201d is a company incorporated and existing under the laws of Delaware, with its registered office at Corporation Trust Center, 1209 Orange Street, Wilmington, Delaware 19801, United States, registered with the Delaware Secretary of State under number 2512365.<\/p>\n \u201cSogefi Filtration SA\u201d is a French public limited company, with its registered office at Immeuble La Renaissance, 1 avenue Claude Monet, 78280 Guyancourt (France), registered with the Versailles Trade and Companies Register under number 642.020.390.<\/p>\n \u201cSogefi USA Inc.\u201d is a company incorporated and existing under the laws of the State of West Virginia (United States), with its registered office at 1389 Prichard Road, Prichard, West Virginia 25555 (United States), registered with the West Virginia Secretary of State under number 211343.<\/p>\n The targets are active in the manufacturing and sale of parts and accessories for the automotive industry.<\/p>\n Done in Rabat on March 14, 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 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’s position on the proposed operation. The publication of this statement 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 acquirers: the companies \u201cCarta Acquisition France SAS\u201d and \u201cCarta Acquisition US Inc.\u201d, subsidiaries of the company \u201cPacific Avenue Capital Partners, LLC\u201d; The targets: the companies \u201cSogefi USA Inc.\u201d and \u201cSogefi Filtration SA\u201d, subsidiaries of the company \u201cSogefi S.p.A\u201d Nature of the operation Joint takeover. Economic sectors concerned Manufacturing and sale of parts and accessories for the automotive industry. Deadline for interested third parties to submit their observations 10 days from the date of publication of this statement, i.e. March 25, 2024. NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES The Competition Council has received notification of an economic concentration project concerning the joint takeover of the companies \u201cSogefi USA Inc.\u201d and \u201cSogefi Filtration S.A\u201d, subsidiaries of the company \u201cSogefi S.p.A\u201d, by the companies \u201cCarta Acquisition France SAS\u201d and \u201cCarta Acquisition US Inc.\u201d, subsidiaries of the company \u201cPacific Avenue Capital Partners, LLC\u201d. \u201cCarta Acquisition France SAS\u201d is a French simplified joint-stock company with its registered office at 3, rue de Pondich\u00e9ry 75015 Paris (France). \u201cCarta Acquisition US Inc.\u201d is a company incorporated and existing under the laws of Delaware, with its registered office at Corporation Trust Center, 1209 Orange Street, Wilmington, Delaware 19801, United States, registered with the Delaware Secretary of State under number 2512365. \u201cSogefi Filtration SA\u201d is a French public limited company, with its registered office at Immeuble La Renaissance, 1 avenue Claude Monet, 78280 Guyancourt (France), registered with the Versailles Trade and Companies Register under number 642.020.390. \u201cSogefi USA Inc.\u201d is a company incorporated and existing under the laws of the State of West Virginia (United States), with its registered office at 1389 Prichard Road, Prichard, West Virginia 25555 (United States), registered with the West Virginia Secretary of State under number 211343. The targets are active in the manufacturing and sale of parts and accessories for the automotive industry. Done in Rabat on March 14, 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-41443","post","type-post","status-publish","format-standard","hentry","category-press-releases"],"acf":[],"yoast_head":"\n\n
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