A.P. Moller Capital Expands Its Footprint in Moroccan Logistics
A.P. Moller Capital has made a significant move in the Moroccan logistics sector by signing an agreement to acquire a majority stake in Globex Investissement, a prominent logistics company in Morocco. This acquisition is facilitated through its Emerging Markets Infrastructure Fund II (EMIF II) and the APM Capital Morocco Fund. With this partnership, the company aims to leverage the expertise and leadership of Globex's CEO and founder, Omar El Kadiri, who will remain at the helm of the business.
Globex Investissement has successfully established itself as a market leader in several key areas, including express delivery, road freight, freight forwarding, and customs brokerage. This strategic acquisition not only aligns with A.P. Moller Capital's focus on essential sectors but also emphasizes their commitment to the rapidly evolving logistics landscape in Morocco, which is increasingly recognized as a major logistics hub in North Africa, bolstered by positive macroeconomic trends.
Leadership Insights and Future Prospects
Kim Fejfer, the CEO of A.P. Moller Capital, expressed enthusiasm about the partnership, stating, “We are excited to partner with Omar El Kadiri through our investment which directly aligns with our core sector and geographic focus.” He highlighted Globex's status as a leader in transportation and logistics, a sector where A.P. Moller Capital possesses extensive expertise and a solid regional presence. This partnership is poised to enhance Globex's operational capabilities and market position further.
Ghislane Guedira, CEO of APM Capital Morocco, also shared her excitement regarding the investment, noting, “We’re delighted to announce our investment in Globex. With the combination of A.P. Moller Capital’s sector heritage and Globex’s strong management team, we look forward to supporting the company as it continues to strengthen its market position and contribute to the development of Morocco’s transport and logistics sector, while maintaining a strong focus on sustainability.” This collaborative effort signifies a shared vision for growth and sustainability in the logistics industry, underscoring the importance of innovative practices in shaping the future of transportation in Morocco.
As reported by africaprivateequitynews.com.
