GEFCO group completes GLT acquisition
05 September 2018
The acquisition of GLT will enable GEFCO to strengthen its position and expertise in the region while consolidating and expanding its customer portfolio, particularly in the automotive, fashion and retail sectors.
Founded in 1998, GLT is recognized as the specialist for fully secured logistics flows through the strait of Gibraltar and is the leading operator of the between Algeciras and Tangiers. The company ensures over 16,000 crossings per year, with 75 trucks and 380 trailers.
GLT will be owned and managed GEFCO Spain, as a specialized business entity for Europe-Morocco . The Spanish subsidiary of GEFCO has more than 30 years of experience in high quality logistics, with 700 employees and 5,000 industrial clients.
We are very pleased to have completed the acquisition of GLT. GLT brings over two decades of strong expertise in logistics flows between Europe and Morocco. We are happy to welcome all GLT employees to the GEFCO Group and we look forward to combining our operational know how to create more value for our customers.
Chairman of the Management Board
Press release and media contacts
Pascale Van der Vliet/Philippe Kasse - GEFCO - Tel: +33(0)1 49 05 25 99 - pascale.van-der-vliet@gefco.net /philippe.kasse-ext@gefco.net
Claudia Roux/Donia Metoui - Weber Shandwick -Tel: +33(0)1 47 59 56 27 / 42 - croux@webershandwick.com / dmetoui@webershandwick.com
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