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 \u201csummary of the operation\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 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 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 received notification of an economic concentration project concerning the exclusive takeover by the investment fund \u201cValoris Stone FPCC-RFA\u201d of the company \u201cOmnium Technologique Assistance et Etudes SA\u201d, through the acquisition, either directly or indirectly via an ad hoc entity created and controlled by the acquirer to the extent of 100%, of 80.1% of its share capital and related voting rights.<\/p>\n \u201cValoris Stone FPCC-RFA\u201d is a collective capital investment fund with simplified operating rules (FPCC-RFA), governed by Law 41-05 on collective capital investment organizations, under a management regulation approved by the Moroccan Capital Market Authority under number AG\/FPCC\/011\/2025 dated December 26, 2025. The investment policy of the \u201cValoris Stone\u201d fund focuses on the real estate and building sector, as well as related or ancillary activities such as technical services, engineering, and materials. The fund is controlled by its management company \u201cValoris Capital\u201d.<\/p>\n \u201cValoris Capital\u201d is a Moroccan joint stock company, headquartered at No. 200, Boulevard Ghandi, 1st<\/sup> floor, Casablanca, authorized as a management company for collective capital investment organizations by the Moroccan Capital Market Authority, specializing in investment fund management. It is a subsidiary of \u201cValoris Group\u201d, a Moroccan joint stock company active in financial consulting, real estate investment, and stock market intermediation.<\/p>\n \u201cOmnium Technologique Assistance et Etudes SA\u201d is a Moroccan joint stock company, with its registered office at No. 5, Avenue Addolb, Sector 14, Hay Riad, Rabat, registered with the Rabat Trade Register under number 40203. This company specializes in building consultancy and engineering in Morocco.<\/p>\n <\/p>\n Done in Rabat, February 19, 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 \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’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 concerned: The acquirer: \u201cValoris Stone FPCC-RFA\u201d; The target: \u201cOmnium Technologique Assistance et Etudes SA\u201d. Nature of the operation: Exclusive takeover. Economic sectors concerned: Building consultancy and engineering. Deadline for interested third parties to submit their observations: 10 days from the date of publication of this press release, i.e. March 2, 2026. NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES The Competition Council received notification of an economic concentration project concerning the exclusive takeover by the investment fund \u201cValoris Stone FPCC-RFA\u201d of the company \u201cOmnium Technologique Assistance et Etudes SA\u201d, through the acquisition, either directly or indirectly via an ad hoc entity created and controlled by the acquirer to the extent of 100%, of 80.1% of its share capital and related voting rights. \u201cValoris Stone FPCC-RFA\u201d is a collective capital investment fund with simplified operating rules (FPCC-RFA), governed by Law 41-05 on collective capital investment organizations, under a management regulation approved by the Moroccan Capital Market Authority under number AG\/FPCC\/011\/2025 dated December 26, 2025. The investment policy of the \u201cValoris Stone\u201d fund focuses on the real estate and building sector, as well as related or ancillary activities such as technical services, engineering, and materials. The fund is controlled by its management company \u201cValoris Capital\u201d. \u201cValoris Capital\u201d is a Moroccan joint stock company, headquartered at No. 200, Boulevard Ghandi, 1st floor, Casablanca, authorized as a management company for collective capital investment organizations by the Moroccan Capital Market Authority, specializing in investment fund management. It is a subsidiary of \u201cValoris Group\u201d, a Moroccan joint stock company active in financial consulting, real estate investment, and stock market intermediation. \u201cOmnium Technologique Assistance et Etudes SA\u201d is a Moroccan joint stock company, with its registered office at No. 5, Avenue Addolb, Sector 14, Hay Riad, Rabat, registered with the Rabat Trade Register under number 40203. This company specializes in building consultancy and engineering in Morocco. Done in Rabat, February 19, 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-47128","post","type-post","status-publish","format-standard","hentry","category-press-releases"],"acf":[],"yoast_head":"\n\n
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