EFOA takeover under review by Moroccan Competition Council

The Moroccan Competition Council is reviewing a proposed economic concentration involving EFOA, a Moroccan aerospace company based in Nouaceur. The project involves a joint takeover by two European industrial players, Socorfi-Groupe Galvanoplast and SATEC.

Under the proposed agreement, each company would acquire 50% of EFOA’s share capital and voting rights, maintaining parity in governance. EFOA, founded in 2006, specializes in painting, penetrant testing, and the manufacturing of elementary boiler parts. The company is EN 9100 certified and serves major aerospace clients in Morocco.

This move follows a trend of consolidation within the Moroccan aerospace sector, driven by the growing attractiveness of the Casablanca-Nouaceur Aeropole ecosystem as a regional industrial hub.