IFC strategic investments in construction and logistics services

The World Bank plans to inject up to $36 million into Building & Logistic Services (BLS), a subsidiary of H&S Invest Holding, through its IFC arm. This initiative aims to acquire a 20% stake in this company.

BLS, leader in Morocco in integrated logistics, stands out for its personalized and complete solutions, covering the entire logistics chain from storage to transportation, including international freight, transit and more.

The funds thus invested will be used to strengthen BLS’s financial capabilities in support of its ambitious expansion plan. In particular, the latter plans to increase its storage capacity from 150,000 to 250,000 pallet positions, by setting up modern logistics platforms that comply with international health, safety and environmental (HSE) standards and environmental, social and governance (ESG). ). These developments will take place in various Moroccan cities.

Currently, H&S Invest Holding owns 79.7% of the capital of BLS, chaired by Moncef Belkhayat, while infrastructure investment fund STOA owns the remaining 20.3%.

BLS, a subsidiary of the H&S Invest Holding group and partner of the international investment fund STOA, founded in 2011, positions itself as a complete logistics service provider, offering its customers tailor-made and comprehensive solutions.

A member of the World Bank Group, IFC is the largest global institution focused exclusively on private sector investment. It operates in more than 100 countries around the world.