Amethis-backed Globex Group completed the acquisition of a majority stake in Logic Transport.

Amethis-backed Globex Group, specializing in logistics solutions, completed the acquisition of a majority stake in Logic Transport, a provider of logistics and road transport services. Financial terms were not disclosed. "This acquisition represents a strategic turning point for our company, enabling a significant extension of our service portfolio through the integration of complementary road expertise that will benefit our customers,” Omar El Kadiri, Globex Group Chairman and CEO.