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 following \u00ab operation summary \u00bb containing 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 has received notification of an economic concentration project concerning the joint takeover by the company \u201cRNAF III Co\u00f6peratief U.A.\u201d via the company \u201cGalaxy Co\u00f6peratief U.A.\u201d of the company \u201cAfrica Feed And Food SA\u201d through the acquisition of 20% of the shares and voting rights, alongside the historical shareholders.<\/p>\n \u201cGalaxy Co\u00f6peratief U.A.\u201d is a Dutch limited liability company, registered with the Chamber of Commerce of the Netherlands under number 99790580, with its registered office at Strawinskylaan 1457, WTC, Tower Ten, 14th floor, 1077XX Amsterdam. The company is an investment vehicle established for the intended operation. It is controlled by the investment fund RNAF III Co\u00f6peratief U.A..<\/p>\n \u201cRNAF III Co\u00f6peratief U.A.\u201d is a Dutch limited liability company, registered with the Chamber of Commerce of the Netherlands under number 96221402, with its registered office at Strawinskylaan 1457, WTC, Tower Ten, 14th floor, 1077XX Amsterdam. It is an investment fund active in economically strategic sectors in North Africa. The company is managed by \u201cRNAFIII GP B.V.\u201d.<\/p>\n \u201cRNAFIII GP B.V.\u201d is a Dutch limited liability company, registered with the Dutch Chamber of Commerce under number 95201505, with its registered office at Strawinskylaan 1457, Tower Ten, 14th floor, 1077 XX Amsterdam, the Netherlands. It is an investment group active in North Africa in the sectors of consumption, education, health, and financial services.<\/p>\n \u201cAfrica Feed And Food SA\u201d is a Moroccan joint stock company, registered with the Trade Register of the Casablanca Commercial Court under number 563869, with its registered office at Casa Business Towers 20th Floor – Tour Anfa Park Offices Cbt-c-201 and Cbt-c-202, Casablanca. It is an integrated Moroccan agro-industrial group active in the flour milling industry through the processing and marketing of cereal-based products, poultry farming, and animal feed. The historical shareholders of the company \u201cAfrica Feed And Food SA\u201d do not engage in any economic activities outside of this company and do not hold any controlling interests other than this one, except for the company \u201cCouvoir Oulad Hriz\u201d, whose capital and voting rights are held by certain historical shareholders and which is intended solely to hold real estate assets that will be operated by \u201cAfrica Feed And Food SA\u201d following the intended operation.<\/p>\n <\/p>\n Done in Rabat, on April 9, 2026.<\/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 following \u00ab operation summary \u00bb containing 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: the company \u201cGalaxy Co\u00f6peratief U.A.\u201d; The target: the company \u201cAfrica Feed And Food SA\u201d; The historical shareholders: Seven (7) individuals. Nature of the operation Joint takeover. Economic sectors concerned Production of cereals and cereal-based products, poultry farming, animal feed, and packaging bags in the agri-food sector. Deadline for interested third parties to submit their observations 10 days from the date of publication of this press release, i.e., April 20, 2026. 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 by the company \u201cRNAF III Co\u00f6peratief U.A.\u201d via the company \u201cGalaxy Co\u00f6peratief U.A.\u201d of the company \u201cAfrica Feed And Food SA\u201d through the acquisition of 20% of the shares and voting rights, alongside the historical shareholders. \u201cGalaxy Co\u00f6peratief U.A.\u201d is a Dutch limited liability company, registered with the Chamber of Commerce of the Netherlands under number 99790580, with its registered office at Strawinskylaan 1457, WTC, Tower Ten, 14th floor, 1077XX Amsterdam. The company is an investment vehicle established for the intended operation. It is controlled by the investment fund RNAF III Co\u00f6peratief U.A.. \u201cRNAF III Co\u00f6peratief U.A.\u201d is a Dutch limited liability company, registered with the Chamber of Commerce of the Netherlands under number 96221402, with its registered office at Strawinskylaan 1457, WTC, Tower Ten, 14th floor, 1077XX Amsterdam. It is an investment fund active in economically strategic sectors in North Africa. The company is managed by \u201cRNAFIII GP B.V.\u201d. \u201cRNAFIII GP B.V.\u201d is a Dutch limited liability company, registered with the Dutch Chamber of Commerce under number 95201505, with its registered office at Strawinskylaan 1457, Tower Ten, 14th floor, 1077 XX Amsterdam, the Netherlands. It is an investment group active in North Africa in the sectors of consumption, education, health, and financial services. \u201cAfrica Feed And Food SA\u201d is a Moroccan joint stock company, registered with the Trade Register of the Casablanca Commercial Court under number 563869, with its registered office at Casa Business Towers 20th Floor – Tour Anfa Park Offices Cbt-c-201 and Cbt-c-202, Casablanca. It is an integrated Moroccan agro-industrial group active in the flour milling industry through the processing and marketing of cereal-based products, poultry farming, and animal feed. The historical shareholders of the company \u201cAfrica Feed And Food SA\u201d do not engage in any economic activities outside of this company and do not hold any controlling interests other than this one, except for the company \u201cCouvoir Oulad Hriz\u201d, whose capital and voting rights are held by certain historical shareholders and which is intended solely to hold real estate assets that will be operated by \u201cAfrica Feed And Food SA\u201d following the intended operation. Done in Rabat, on April 9, 2026.<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[352],"tags":[],"class_list":["post-46976","post","type-post","status-publish","format-standard","hentry","category-press-releases"],"acf":[],"yoast_head":"\n\n
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