On November 5, the Moroccan Competition Council received notification of a significant economic concentration. The operation involves the complete acquisition of Prodec Immobilier SA by Building Logistics Services SA (BLS), granting the latter 100% ownership of Prodec’s share capital and voting rights.

BLS, a subsidiary of H&S Invest Holding under the leadership of Moncef Belkhayat, is a Moroccan enterprise specializing in the warehousing of fast-moving consumer goods. Its operations span across key sectors including hygiene, food, healthcare, and cosmetics.

Prodec Immobilier SA, on the other hand, focuses on the acquisition and management of real estate assets, both rural and urban. The company is also registered under Moroccan corporate law.

This acquisition marks a strategic move for BLS, potentially broadening its capabilities by integrating real estate management into its logistics and distribution expertise. The deal reflects a growing trend of consolidation in Morocco’s business landscape, as companies seek synergies to strengthen their market positions.