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New Deal


Announced

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

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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freight services

Single Bidder

Acquisition

Morocco

Third Party Logistics (3PL)

Private Equity

Friendly

Cross Border

Pending

Minority

Private

Synopsis

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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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