Foursan Group has successfully exited its investment in Nafith Logistics through a management buyout, marking a strategic move as the company continues to thrive in the Middle Eastern logistics sector.
Information on the Target
Nafith Logistics is a prominent Jordanian company specializing in technology-driven services aimed at enhancing the efficiency of trade processes and shared freight transportation infrastructure. The firm operates with a mission to support public interests and stimulate commercial growth within the region. Nafith has achieved significant milestones, primarily in managing truck operations at the Port of Aqaba, and has expanded its reach to markets in Iraq and Oman, marking its ascent as a key player in logistics and transportation.
Under the guidance of its leadership team, Nafith has adeptly navigated the complexities of a challenging economic and political environment while establishing itself as a leading logistics provider. The company's innovative solutions are designed not only to improve productivity in trade but also to foster broader economic development within Jordan and beyond.
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Industry Overview in Jordan
The logistics and transportation sector in Jordan is a vital component of the nation's economy, serving as a gateway to regional trade routes. With its strategic location connecting Asia, Europe, and Africa, Jordan's logistics
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Chairman and CEO of Nafith Logistics
invested in
Nafith Logistics
in 2022
in a Management Buyout / Buy-In (MBO) deal