Following the approval of the Competition Council, Buildings & Logistic Services (BLS) has announced the completion of its acquisition of 100% of the shares of the La Voie Express Group, including La Voie Express Messagerie and the real estate company Espacim, as well as a 40% stake in ID Logistics Maroc. This landmark strategic closing, financed by Saham Bank, marks a historic turning point for the Moroccan logistics sector. The transaction positions BLS as an emerging national champion, aiming to become the leading integrated logistics player covering the entire value chain — freight forwarding, customs transit, transportation, warehousing, and last-mile delivery. The deal strengthens BLS's capacity to deliver fully integrated logistics solutions with a consistent focus on quality and service continuity. BLS's operational capacity now reaches 325,000 pallets under management, supported by a fleet of 650 trucks and a nationwide presence in 18 cities across 30 sites. Mr. Mohammed Talal will join the Board of Directors of BLS, bringing his recognized expertise to ensure a smooth and value-creating transition for clients and partners alike. Mr. Moncef Belkhayat, Chairman of BLS, stated: "This alliance represents a decisive milestone in our ambition to build a national logistics champion, capable of addressing both current and future challenges of the Moroccan and regional markets. It allows us to reach a critical scale and accelerate our expansion, particularly in Sub-Saharan Africa, in partnership with leading local players." Mr. Mohammed Talal added: "This vertical integration is a key driver for improving the competitiveness of Moroccan businesses. By combining our expertise, we are creating an integrated logistics operator that meets international standards, providing performance and service gains that are essential for sustainable growth and customer success." Mr. Anass Moutaoukil, CEO of the new BLS–LVE Group, commented: "This merger is a unique opportunity to bring together two complementary DNA profiles under one shared vision — that of a high-performing, sustainable, and innovative Moroccan logistics industry. By merging LVE's operational excellence with BLS's infrastructure strength, we are creating an integrated player capable of supporting clients across all their logistics needs, from producer to end consumer." This partnership reflects a positive consolidation dynamic within the Moroccan logistics sector, reinforcing the national offering while supporting economic development and competitiveness on a regional scale. It is also fully aligned with the objectives of the National Strategy for the Development of Logistics Competitiveness, actively supported by the State, the AMDL, and private operators. During this transaction, La Voie Express and AfricInvest were advised by Mr. Hatim Boukhress (Fidal Africa) as legal counsel, Mazars, Khalil Azzouzi (CAPSTRAT Investment Bank), and Mehdi Alami (ECOVIS ADVISORY Investment Bank). On its side, BLS was assisted by the law firm of Maître Ali Filali and advised by Deloitte & Touche, represented by Julien Leyrit.
