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Gefco completes Morocco buy

Gefco has completed its acquisition of Europe-Morocco transport specialist, GLT, announced on 11 January, following European Regulatory approval. Founded in 1998, GLT is a leading operator between Algeciras and Tangiers, organizing over 16,000 crossings per year, with 75 trucks and 380 trailers. GLT will be owned and managed by GEFCO Spain. The acquisition will strengthen Gefco’s position and expertise in the region particularly in the automotive, fashion and retail sectors. [+]

Gefco buys Morocco specialist

French-based forwarder Gefco Group has acquired Europe-Morocco transport specialist, GLT, subject to regulatory approval. Founded in 1998, GLT has major customers in the automotive and fashion and performs over 16,000 crossings per year with 75 trucks and 380 trailers between Algeciras and Tangiers. Its management is based in Oiartzun, near ... [+]

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