Automotive specialist expands in Maghreb region
Gefco Group has completed its acquisition of GLT, the Europe-Morocco transport specialist. This move will enable Gefco to strengthen its position in the region while expanding its portfolio, particularly in the automotive, fashion and retail sectors.
Founded in 1998, GLT is recognised as the specialist for fully secured logistics flows through the strait of Gibraltar and one of the biggest operators of connections between Algeciras, Spain, and Tangiers, Morocco.
The company offers over 16,000 crossings per year, with 75 trucks and 380 trailers. GLT will be owned and managed by GEFCO Spain with 700 employees and 5,000 industrial clients. (ben)