The Competition Council is currently reviewing an economic concentration operation involving the acquisition of 25% of the capital of Global Infrastructure Development North Africa SARL (GIDNA) by H&S Invest Holding SA. This transaction will grant H&S Invest Holding joint control over GIDNA alongside its historical partners.
H&S Invest Holding SA, a Moroccan investment holding company based in Casablanca, operates in multiple sectors, including consumer goods distribution, pharmaceuticals, industry, logistics, and e-commerce. Through this acquisition, the company aims to strengthen its position in the construction and building development sector, a field in which GIDNA specializes.
Based in Fez, GIDNA is a recognized player in construction and infrastructure development. H&S Invest Holding’s entry into its capital marks a new strategic step, offering GIDNA growth and expansion opportunities in the market.
In accordance with Law No. 104-12 on free pricing and competition, the Competition Council has invited interested parties to submit their observations on this operation before March 19, 2025. This review period aims to assess the impact of the acquisition on competition and the structure of the construction market in Morocco.
If approved, this operation could represent a major turning point for the sector, fostering the emergence of new key players and strengthening synergies between the companies involved.
