Home / Finance & Economy / CTM acquires Satcoma-Satas Group

CTM acquires Satcoma-Satas Group

The Compagnie de Transports au Maroc (CTM) has concluded an agreement to acquire 100% of the share capital of Satcoma-Satas Voyageurs SARL from its partners.

The transaction will be finalized after the lifting of a number of conditions precedent, in particular the obtaining of regulatory authorization from the competition authorities in Morocco.

CTM, the leading passenger and freight transport company in Morocco, will inform the market once the operation is completed.

Check Also

Varroc obtains a new loan from the EBRD

The European Bank for Reconstruction and Development (EBRD) is still funding Varroc. The European institution …

Leave a Reply