{"id":81866,"date":"2024-10-23T00:00:00","date_gmt":"2024-10-23T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2024\/10\/23\/amethis-fedex-maroc-finalize-logic-transport-acquisition\/"},"modified":"2024-10-23T00:00:00","modified_gmt":"2024-10-23T00:00:00","slug":"amethis-fedex-maroc-finalize-logic-transport-acquisition","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2024\/10\/23\/amethis-fedex-maroc-finalize-logic-transport-acquisition\/","title":{"rendered":"Amethis + FedEx Maroc finalize Logic Transport acquisition"},"content":{"rendered":"

<\/strong> Amethis + FedEx Maroc acquire Morocco\u2019s Logic Transport:<\/strong> French private equity firm Amethis<\/a> and Globex (FedEx Maroc<\/a>) have fully acquired Moroccan transport and logistics player Logic Transport for an undisclosed sum, according to a press release<\/a>.<\/p>\n

(** Tap or click the headline above to read this story with all of the links<\/strong> to our background and outside sources.)<\/p>\n

Why is this important? <\/strong>The acquisition \u2014 which Amethis partially financed \u2014 expands Globex\u2019s presence in Morocco\u2019s transport and transit sector by using Logic Transport\u2019s fleet of over 150 trucks. Globex \u2014 which operates under the exclusive license of FedEx \u2014 will continue to deploy its sustainable development approach, with a particular emphasis on assessing and managing the carbon footprint of its vehicle fleet.<\/p>\n

Background: <\/strong>Amethis acquired a minority stake in Globex Group back in 2022<\/a> in a bid to grow Globex into a regional logistics leader. The company has since seen the development of Globex\u2019s logistics platform, freight activity, and enhanced delivery times across the country.<\/p>\n

About Logic:<\/strong> Founded in 1980, the road transport company operates in the transit, container management, handling and warehousing sectors. <\/p>\n","protected":false},"excerpt":{"rendered":"

The acquisition aims to give Globex a boost in the road transport and transit sector<\/p>\n","protected":false},"author":1,"featured_media":81867,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[941],"tags":[137,150],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-81866","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ma-watch-2","tag-ma-watch","tag-morocco","wpautop","entry"],"acf":{"mongo_id":"3cb2bbe4-b880-48ce-884d-672628eaeacc","order":"6","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/10\/2018.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Amethis + FedEx Maroc finalize Logic Transport acquisition","related_issue":[81856],"teaser":"The acquisition aims to give Globex a boost in the road transport and transit sector","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/10\/.51c94336-7558-4867-b28a-0b4bd1ccb59d.mp3"},"yoast_head":"\nAmethis + FedEx Maroc finalize Logic Transport acquisition - 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