Information on the Target

On October 14, 2024, Globex successfully acquired 100% of Logic Transport, a leading player in the transport and logistics sector in Morocco. Established in 1980, Logic Transport is a family-owned business renowned for its excellence in road transport, transit management, container handling, and warehousing services. The company boasts over 155 employees and operates a fleet of more than 150 trucks, serving a diverse clientele across various sectors in Morocco and Europe.

Logic Transport is committed to high standards of quality, as evidenced by its ISO 9001, ISO 22000, and GMP+ B4 certifications. This acquisition will enable Globex to leverage the expertise of the Andreani family, the founders of Logic Transport, to expand its service offerings and enhance operational efficiencies.

Industry Overview in Morocco

The transport and logistics industry in Morocco is pivotal to the nation's economic framework, with significant contributions to trade and commerce. The sector has seen substantial growth in recent years, driven by the government's investment in infrastructure and a push towards enhancing logistics capabilities. The strategic location of Morocco, serving as a gateway between Europe, Africa, and the Middle East, further emphasizes its importance in logistics and supply chain management.

Moreover, Morocco's logistics landscape is characterized by a mix of established players and innovative startups, creating a competitive environment conducive to growth and development. With the increase in e-commerce and demand for faster delivery services, companies are increasingly adopting advanced technologies and optimizing operations to meet consumer expectations.

The country is also witnessing a shift towards sustainable practices, as businesses are encouraged to monitor and minimize their carbon footprint. This focus on sustainability is shaping the future of logistics in Morocco, with companies investing in eco-friendly solutions, such as electric vehicles and efficient routing strategies.

As a result, the Moroccan transport and logistics sector is poised for further expansion. With robust investment from both local and international players, the industry is expected to continue evolving, providing significant growth opportunities for companies engaged in these services.

The Rationale Behind the Deal

The acquisition of Logic Transport by Globex is a strategic move aimed at enhancing the company's market position in the transport and logistics sector. By integrating Logic Transport's road transport expertise, Globex can significantly broaden its service portfolio and improve operational efficiencies.

This transaction is seen as a key milestone in Globex's growth strategy, particularly in the road transport and transit segments. With the backing of Amethis, which played a crucial role in the financial aspects of the deal, Globex is well-positioned to embark on this new chapter of expansion.

Information About the Investor

Amethis is a prominent investment fund manager founded by Luc Rigouzzo and Laurent Demey, focusing on creating sustainable financial, environmental, and social impact across Africa and Europe. With over €1 billion in assets under management and a track record of more than 40 investments, Amethis provides growth capital to promising medium-sized companies across diverse sectors.

The firm operates internationally with a robust network that spans Europe and Africa, offering support in growth management while fostering improvements in the environmental and social impacts of its portfolio companies. With offices in key cities including Paris, Abidjan, and Casablanca, Amethis's team comprises over 50 seasoned professionals with deep regional and sector-specific expertise.

View of Dealert

The acquisition of Logic Transport by Globex represents a strategic and potentially lucrative investment opportunity in the burgeoning Moroccan transport and logistics sector. The integration of Logic Transport's capabilities will not only enhance Globex's service offerings but also solidify its position as a market leader.

Moreover, the growing emphasis on sustainable practices in the logistics industry resonates with Globex's commitment to reducing its carbon footprint. This forward-thinking approach positions the company to capitalize on future market trends and consumer preferences.

Additionally, the strategic alliance with Amethis serves to strengthen Globex's financial stability and operational efficiency, providing a solid backing for future growth initiatives. Overall, this acquisition is expected to yield significant returns, both in the short and long term.

In conclusion, the acquisition of Logic Transport by Globex is a well-considered investment that aligns with market demands and growth prospects. It is anticipated that the strategic synergies created by this deal will propel Globex toward success in the competitive landscape of transport and logistics.

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