{"id":41630,"date":"2024-02-01T12:05:12","date_gmt":"2024-02-01T12:05:12","guid":{"rendered":"https:\/\/conseil-concurrence.preprod.io\/communique-du-conseil-de-la-concurrence-relatif-au-projet-de-concentration-portant-sur-lacquisition-du-controle-conjoint-direct-par-la-societe-flo-retail-shoes-ma-sarlau\/"},"modified":"2026-02-06T14:30:40","modified_gmt":"2026-02-06T14:30:40","slug":"statement-from-the-competition-council-regarding-the-concentration-project-for-the-acquisition-of-joint-control-by-the-company-flo-retail-shoes-ma-sarlau-and-mr-boubker-jettou-of","status":"publish","type":"post","link":"https:\/\/conseil-concurrence.ma\/en\/statement-from-the-competition-council-regarding-the-concentration-project-for-the-acquisition-of-joint-control-by-the-company-flo-retail-shoes-ma-sarlau-and-mr-boubker-jettou-of\/","title":{"rendered":"Statement from the Competition Council regarding the concentration project for the acquisition of joint control by the company \u201cFLO RETAIL &#038; SHOES MA SARLAU\u201d and Mr. Boubker JETTOU of the company \u201cSHOELEVEN COMPANY SARLAU\u201d"},"content":{"rendered":"<p>In accordance with Article 13 of Law 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<p>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&#8217;s position on the proposed operation.<\/p>\n<p>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 adopted for the implementation of Law No. 104-12 on freedom of prices and competition, as amended and supplemented.<\/p>\n<p><strong>Names of companies and individuals involved:<\/strong><\/p>\n<ul>\n<li><strong>The acquirer:<\/strong> The company \u201cFLO RETAIL &#038; SHOES MA SARLAU\u201d (a 100% subsidiary of the company \u201cFLO MA\u011eAZACILIK VE PAZARLAMA A.\u015e\u201d) ;<\/li>\n<li><strong>The target:<\/strong> The company \u201cSHOELEVEN COMPANY SARLAU\u201d.<\/li>\n<\/ul>\n<p><strong>Nature of the operation:<\/strong><\/p>\n<ul>\n<li>Acquisition of joint control.<\/li>\n<\/ul>\n<p><strong>Economic sector concerned:<\/strong><\/p>\n<ul>\n<li>Sector of manufacturing and sale of shoes.<\/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 statement, i.e., February 12, 2024.<\/li>\n<\/ul>\n<p><strong>NON-CONFIDENTIAL SUMMARY OF THE OPERATION<\/strong><\/p>\n<p><strong>PROVIDED BY THE PARTIES<\/strong><\/p>\n<p>The Competition Council has been notified of an economic concentration operation concerning the acquisition by the company \u201cFLO RETAIL &#038; SHOES MA SARLAU\u201d and Mr. Boubker JETTOU of joint control of the company \u201cSHOELEVEN COMPANY SARLAU\u201d.<\/p>\n<p>\u201cFLO RETAIL &#038; SHOES MA SARLAU\u201d is a single-member limited liability company under Moroccan law, with its registered office at 261 RDC R\u00e9sidence Al Amal Bd Abdelmoumen Casablanca, and registered with the Casablanca Trade Register under number 385423. This company is a subsidiary 100% owned by the company \u201cFLO MA\u011eAZACILIK VE PAZARLAMA A.\u015e.\u201d, a Turkish company. \u201cFLO RETAIL &#038; SHOES MA SARLAU\u201d is a merchant or intermediary engaged in the import-export of products, particularly leather shoes and sports shoes.<\/p>\n<p>\u201cSHOELEVEN COMPANY SARLAU\u201d is a single-member limited liability company under Moroccan law, with a share capital of 6,000,000.00 dirhams, headquartered at Lots 47-48 Z.I. Sapino Noauceur Casablanca, and registered with the Casablanca Trade Register under number 480535. This company specializes in shoe manufacturing.<\/p>\n<p style=\"text-align: right;\"><strong>Done in Rabat, February 01, 2024<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In accordance with Article 13 of Law 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&#8217;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 adopted for the implementation of Law No. 104-12 on freedom of prices and competition, as amended and supplemented. Names of companies and individuals involved: The acquirer: The company \u201cFLO RETAIL &#038; SHOES MA SARLAU\u201d (a 100% subsidiary of the company \u201cFLO MA\u011eAZACILIK VE PAZARLAMA A.\u015e\u201d) ; The target: The company \u201cSHOELEVEN COMPANY SARLAU\u201d. Nature of the operation: Acquisition of joint control. Economic sector concerned: Sector of manufacturing and sale of shoes. Deadline for interested third parties to submit their observations: 10 days from the date of publication of this statement, i.e., February 12, 2024. NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES The Competition Council has been notified of an economic concentration operation concerning the acquisition by the company \u201cFLO RETAIL &#038; SHOES MA SARLAU\u201d and Mr. Boubker JETTOU of joint control of the company \u201cSHOELEVEN COMPANY SARLAU\u201d. \u201cFLO RETAIL &#038; SHOES MA SARLAU\u201d is a single-member limited liability company under Moroccan law, with its registered office at 261 RDC R\u00e9sidence Al Amal Bd Abdelmoumen Casablanca, and registered with the Casablanca Trade Register under number 385423. This company is a subsidiary 100% owned by the company \u201cFLO MA\u011eAZACILIK VE PAZARLAMA A.\u015e.\u201d, a Turkish company. \u201cFLO RETAIL &#038; SHOES MA SARLAU\u201d is a merchant or intermediary engaged in the import-export of products, particularly leather shoes and sports shoes. \u201cSHOELEVEN COMPANY SARLAU\u201d is a single-member limited liability company under Moroccan law, with a share capital of 6,000,000.00 dirhams, headquartered at Lots 47-48 Z.I. Sapino Noauceur Casablanca, and registered with the Casablanca Trade Register under number 480535. This company specializes in shoe manufacturing. Done in Rabat, February 01, 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-41630","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>Statement from the Competition Council regarding the concentration project for the acquisition of joint control by the company \u201cFLO RETAIL &amp; SHOES MA SARLAU\u201d and Mr. Boubker JETTOU of the company \u201cSHOELEVEN COMPANY SARLAU\u201d - 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\/statement-from-the-competition-council-regarding-the-concentration-project-for-the-acquisition-of-joint-control-by-the-company-flo-retail-shoes-ma-sarlau-and-mr-boubker-jettou-of\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Statement from the Competition Council regarding the concentration project for the acquisition of joint control by the company \u201cFLO RETAIL &amp; SHOES MA SARLAU\u201d and Mr. Boubker JETTOU of the company \u201cSHOELEVEN COMPANY SARLAU\u201d - Conseil de la concurrence du Maroc\" \/>\n<meta property=\"og:description\" content=\"In accordance with Article 13 of Law 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&#8217;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 adopted for the implementation of Law No. 104-12 on freedom of prices and competition, as amended and supplemented. Names of companies and individuals involved: The acquirer: The company \u201cFLO RETAIL &#038; SHOES MA SARLAU\u201d (a 100% subsidiary of the company \u201cFLO MA\u011eAZACILIK VE PAZARLAMA A.\u015e\u201d) ; The target: The company \u201cSHOELEVEN COMPANY SARLAU\u201d. Nature of the operation: Acquisition of joint control. Economic sector concerned: Sector of manufacturing and sale of shoes. Deadline for interested third parties to submit their observations: 10 days from the date of publication of this statement, i.e., February 12, 2024. NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES The Competition Council has been notified of an economic concentration operation concerning the acquisition by the company \u201cFLO RETAIL &#038; SHOES MA SARLAU\u201d and Mr. Boubker JETTOU of joint control of the company \u201cSHOELEVEN COMPANY SARLAU\u201d. \u201cFLO RETAIL &#038; SHOES MA SARLAU\u201d is a single-member limited liability company under Moroccan law, with its registered office at 261 RDC R\u00e9sidence Al Amal Bd Abdelmoumen Casablanca, and registered with the Casablanca Trade Register under number 385423. This company is a subsidiary 100% owned by the company \u201cFLO MA\u011eAZACILIK VE PAZARLAMA A.\u015e.\u201d, a Turkish company. \u201cFLO RETAIL &#038; SHOES MA SARLAU\u201d is a merchant or intermediary engaged in the import-export of products, particularly leather shoes and sports shoes. \u201cSHOELEVEN COMPANY SARLAU\u201d is a single-member limited liability company under Moroccan law, with a share capital of 6,000,000.00 dirhams, headquartered at Lots 47-48 Z.I. Sapino Noauceur Casablanca, and registered with the Casablanca Trade Register under number 480535. This company specializes in shoe manufacturing. 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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&#8217;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 adopted for the implementation of Law No. 104-12 on freedom of prices and competition, as amended and supplemented. Names of companies and individuals involved: The acquirer: The company \u201cFLO RETAIL &#038; SHOES MA SARLAU\u201d (a 100% subsidiary of the company \u201cFLO MA\u011eAZACILIK VE PAZARLAMA A.\u015e\u201d) ; The target: The company \u201cSHOELEVEN COMPANY SARLAU\u201d. Nature of the operation: Acquisition of joint control. Economic sector concerned: Sector of manufacturing and sale of shoes. Deadline for interested third parties to submit their observations: 10 days from the date of publication of this statement, i.e., February 12, 2024. NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES The Competition Council has been notified of an economic concentration operation concerning the acquisition by the company \u201cFLO RETAIL &#038; SHOES MA SARLAU\u201d and Mr. Boubker JETTOU of joint control of the company \u201cSHOELEVEN COMPANY SARLAU\u201d. \u201cFLO RETAIL &#038; SHOES MA SARLAU\u201d is a single-member limited liability company under Moroccan law, with its registered office at 261 RDC R\u00e9sidence Al Amal Bd Abdelmoumen Casablanca, and registered with the Casablanca Trade Register under number 385423. 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