- A.P. Moller Capital – Emerging Markets Infrastructure Fund II and APM Capital Morocco Fund to acquire majority stake in Globex, establishing a partnership with Founder and CEO Omar El Kadiri, who will remain in place along with an experienced management team
- Strong alignment with A.P. Moller Capital’s geographic and sector focus in Morocco and in transportation and logistics
- Globex is underpinned by exclusive local market licensing agreements, with established market positions in express delivery, road freight, freight forwarding and customs brokerage
(GLOBE NEWSWIRE) — A.P. Moller Capital is pleased to announce that A.P. Moller Capital – Emerging Markets Infrastructure Fund II (“EMIF II”) and APM Capital Morocco Fund (together “the Funds”) have signed an agreement to acquire a majority stake in Globex Investissement ”Globex”, a leading Moroccan logistics company.
The Funds will establish a partnership with the Globex CEO and Founder, Omar El Kadiri, who will continue to lead the business alongside an experienced management team, ensuring strategic continuity as the company enters its next phase of growth. Mr. El Kadiri will support Globex’s evolution with a focus on sustainable growth and long-term value creation.
Globex is an established leader in the Moroccan transportation and logistics sector, underpinned by exclusive local market licensing agreements, with established market positions in express delivery, road freight, freight forwarding and customs brokerage.
A.P. Moller Capital’s strong sector heritage and experience in transportation and logistics along with its deep knowledge of the North African market, makes it an ideal partner to support Globex’s next phase of growth and reinforce its leadership position in the market.
Additionally, by leveraging A.P. Moller Capital’s knowledge and track record in sustainable investments, Globex will aim to become a green logistics leader in Morocco, delivering its Net Zero roadmap, including solar powered hubs, electric fleet deployment and CO₂ reporting tools underpinned by robust ESG governance standards.
Completion of the acquisition is subject to customary conditions precedent, including merger control clearance by the Moroccan Competition Council.
Kim Fejfer, CEO of A.P. Moller Capital, said:
“We are excited to partner with Omar El Kadiri through our investment which directly aligns with our core sector and geographic focus. Globex is an established market leader in transportation and logistics, a sector in which we have deep domain expertise and a strong regional presence, and Morocco is rapidly developing into the leading North African logistics hub, supported by strong macroeconomic tailwinds.”
Ghislane Guedira, CEO of APM Capital Morocco S.A, said:
“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.”
