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 communiqu\u00e9 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
Names of the companies and groups concerned:<\/strong><\/p>\n The founding companies of the joint venture:<\/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 establishment by the companies \u201cAirbus S.E.\u201d, \u201cThales S.A.\u201d and \u201cLeonardo S.p.A\u201d, of a joint venture operating in the space sector.<\/p>\n \u201cAirbus S.E.\u201d is a European company under Dutch law with a share capital of 792,283,683 euros, registered in the Netherlands under number 24288945 with the Dutch Chamber of Commerce (Kamer van Koophandel). Its registered office is located at Mendelweg 30, 2333 CS Leiden, Netherlands. \u201cAirbus\u201d operates globally in the aerospace, space, and defense sectors.<\/p>\n \u201cThales S.A.\u201d is a French public limited company with a share capital of 617,825,739 euros, registered in the Trade and Companies Register under number 552059024 (R.C.S. Nanterre). Its registered office is located at 4 rue de la Verrerie, 92190 Meudon, France. \u201cThales\u201d operates globally in the defense, aerospace, cyber, and digital sectors.<\/p>\n \u201cLeonardo S.p.A\u201d is an Italian public limited company, with a share capital of 2,490,269,181 euros, registered in the Trade and Companies Register under number 00401990585. Its registered office is located at Piazza Monte Grappa n\u00b04, 00195 Rome, Italy. \u201cLeonardo\u201d is a global industrial group specialized in the aerospace, defense, and security sectors.<\/p>\n The joint venture will aim to bring together certain space activities of the founders to create a pan-European space player with critical mass across the entire value chain of the satellite sector.<\/p>\n <\/p>\n Rabat, August 28, 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 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 communiqu\u00e9 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 the companies and groups concerned: The founding companies of the joint venture: The company \u201cAirbus S.E.\u201d; The company \u201cThales S.A.\u201d; The company \u201cLeonardo S.p.A\u201d. Nature of the operation Creation of a joint venture. Economic sectors concerned The space sector Deadline for interested third parties to submit their observations 10 days from the date of publication of this communiqu\u00e9, i.e. September 9, 2026. NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES The Competition Council has received notification of an economic concentration project concerning the establishment by the companies \u201cAirbus S.E.\u201d, \u201cThales S.A.\u201d and \u201cLeonardo S.p.A\u201d, of a joint venture operating in the space sector. \u201cAirbus S.E.\u201d is a European company under Dutch law with a share capital of 792,283,683 euros, registered in the Netherlands under number 24288945 with the Dutch Chamber of Commerce (Kamer van Koophandel). Its registered office is located at Mendelweg 30, 2333 CS Leiden, Netherlands. \u201cAirbus\u201d operates globally in the aerospace, space, and defense sectors. \u201cThales S.A.\u201d is a French public limited company with a share capital of 617,825,739 euros, registered in the Trade and Companies Register under number 552059024 (R.C.S. Nanterre). Its registered office is located at 4 rue de la Verrerie, 92190 Meudon, France. \u201cThales\u201d operates globally in the defense, aerospace, cyber, and digital sectors. \u201cLeonardo S.p.A\u201d is an Italian public limited company, with a share capital of 2,490,269,181 euros, registered in the Trade and Companies Register under number 00401990585. Its registered office is located at Piazza Monte Grappa n\u00b04, 00195 Rome, Italy. \u201cLeonardo\u201d is a global industrial group specialized in the aerospace, defense, and security sectors. The joint venture will aim to bring together certain space activities of the founders to create a pan-European space player with critical mass across the entire value chain of the satellite sector. Rabat, August 28, 2026.<\/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-48461","post","type-post","status-publish","format-standard","hentry","category-press-releases"],"acf":[],"yoast_head":"\n\n
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