Independent journal on economy and transport policy
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Logistic group GEFCO has bought Spanish GLT
The Iberian company, that it has 229 dependent, will close the exercise anniversary 2017 with a previewed turnover of 35 million euros
January 11, 2018
Logistic group GEFCO has bought specialistic Spanish society GLT in transport between Europe and Morocco, transaction that is subject to the approval by the competent authorities. The French group has evidenced that GLT, in beyond twenty years of presence on the market, has created a solid professional reputation, is recognized as reliable specialist in the logistic flows through the strait of Gibraltar and has developed to important collaborations with customers in the field automotive and fashion. Moreover GEFCO has specified that GLT is an operator of tip between the ports of Algeciras and Tangeri, guaranteeing 16,000 crossings every year, with a fleet of 75 trucks and 380 towings.
GLT, that it has 229 dependent, center to Oiartzun, in the Basque Countries, and offices to Madrid, Algeciras, Tangeri and Lisbon, fully-owned and will be managed, in specialized quality of commercial business unit in the Europe-Morocco gateway, from GEFCO Spain, the branch Spanish of the French group that have 700 dependent and 5,000 customers. Archivierà GLT the exercise anniversary 2017 with a previewed turnover of 35 million euros.
"Graces to a dynamic industrial field and in fast increase - it has observed the president of the Committee of direction of the GEFCO, Luc Nadal - Morocco offers excellent perspectives for our company. Some of our more important customers in the fields automotive, aeronautical, retail and industry are already investing in solid way in the Country in order to increase own productive ability, demanding consequently logistic assistance and reliable solutions. Capitalizing the GLT know-how-how we will find ourselves in an optimal position in order to pick the opportunities that offer these companies in risen fast".
"We are pleased - the managing director of GLT, Cristina Orbea has declared - to become a member GEFCO, world-wide player in the field of the logistics with a solid international net and a proven experience. We are trusting with respect to the fact that the combination of our acquaintances and our competences will allow us to guarantee an always better service to the customers of the two companies; this will create moreover the conditions for our future increase".
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Logistic group GEFCO has bought specialistic Spanish society GLT in transport between Europe and Morocco, transaction that is subject to the approval by the competent authorities. The French group has evidenced that GLT, in beyond twenty years of presence on the market, has created a solid professional reputation, is recognized as reliable specialist in the logistic flows through the strait of Gibraltar and has developed to important collaborations with customers in the field automotive and fashion. Moreover GEFCO has specified that GLT is an operator of tip between the ports of Algeciras and Tangeri, guaranteeing 16,000 crossings every year, with a fleet of 75 trucks and 380 towings.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
