Amethis and Globex are pleased to announce the acquisition of Logic Transport
On 14 October 2024, Globex acquired 100% of the capital of Logic Transport, a leading player in the Moroccan transport and logistics sector. BV Capital Africa, the M&A Worldwide Partner in Morocco, supported Logic Transport on this sale.
Since 2022, Amethis has been a partner of Globex, a company operating in express courier, freight, transit and storage solutions in Morocco and sub-Saharan Africa (Senegal and Cameroon), under the FedEx Express brand. In more than 20 years of existence, the group has established itself as a reference player in the field of express parcel shipping, freight and transit. It offers its customers competitive and guaranteed delivery times to/from more than 220 countries thanks to the vast network of FedEx World from which it benefits. In October 2024, Globex acquired Logic Transport, a leading player in the transport and logistics sector in Morocco.
This strategic acquisition, for which Amethis participated in the financing, represents a significant step for Globex, marking its expansion and growth in the road transport and transit segment. It will enable Globex to broaden its range of services and optimise its operations, in particular by capitalising on the experience of the Andreani family, founders of Logic Transport.
Logic Transport, recognised for its excellence in road transport, employs more than 155 people and has a fleet of more than 150 trucks.
Globex will continue to deploy its sustainable development approach, focusing in particular on measuring and managing the carbon footprint of its vehicle fleet.
The transaction has been approved by the competent authorities.
About Logic Transport:
Founded in 1980, Logic Transport is a leading family-owned road transport company. It also operates in the transit, container management, handling and warehousing sectors. The company, which is ISO 9001, ISO 22000 and GMP+ B4 certified, has more than 155 employees and a fleet of over 150 trucks. The company works with a wide range of customers in various sectors in Morocco and Europe.
About Amethis:
Founded by Luc Rigouzzo and Laurent Demey, and member of Edmond de Rothschild Private Equity Partnership, Amethis is an impact-oriented private equity firm focusing on financial, environmental and social sustainability on the African and European continents. With assets under management of over €1 billion, Amethis has made more than 40 investments to date.