A.P. Moller Capital Agrees to Buy Control of a Moroccan Logistics Group

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On 17 August, A.P. Moller Capital, an infrastructure fund manager under A.P. Moller Holding, agreed to acquire a controlling stake in the Casablanca-based logistics firm Globex Investissement. Globex provides express delivery, warehousing, and freight services, and acts as the exclusive FedEx Express licensee in Morocco, Senegal, and Cameroon. The deal involves the exit of minority shareholder Amethis and the reduction of the El Kadiri family’s stake held through Goldfin. The transaction remains subject to merger clearance from Morocco’s Conseil de la Concurrence.

Consequences

Upon completion of the regulatory approval process, A.P. Moller Capital will gain oversight of a logistics network that extends across Morocco, Senegal, and Cameroon. This acquisition integrates Globex's fleet of over 150 trucks and its existing regional licensing agreements into the fund manager’s portfolio.

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