Amethis + FedEx Maroc acquire Morocco’s Logic Transport: French private equity firm Amethis and Globex (FedEx Maroc) have fully acquired Moroccan transport and logistics player Logic Transport for an undisclosed sum, according to a press release.

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Why is this important? The acquisition — which Amethis partially financed — expands Globex’s presence in Morocco’s transport and transit sector by using Logic Transport’s fleet of over 150 trucks. Globex — which operates under the exclusive license of FedEx — will continue to deploy its sustainable development approach, with a particular emphasis on assessing and managing the carbon footprint of its vehicle fleet.

Background: Amethis acquired a minority stake in Globex Group back in 2022 in a bid to grow Globex into a regional logistics leader. The company has since seen the development of Globex’s logistics platform, freight activity, and enhanced delivery times across the country.

About Logic: Founded in 1980, the road transport company operates in the transit, container management, handling and warehousing sectors.

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