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Announced

Edmond de Rothschild-backed Amethis to acquire a minority stake in Globex Group.

Synopsis

Edmond de Rothschild-backed Amethis, an investment fund manager, agreed to acquire a minority stake in Globex Group, a provider of express courier, freight and transit solutions in Morocco. Financial terms were not disclosed. "This is a new achievement for Amethis in Morocco. We are proud to be associated with an entrepreneur like Mr. Omar El Kadiri, and happy to accompany him in the development of his strategy which is fully in line with the one developed by the Kingdom," Wilfried Poyet, Amethis Partner.

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