Qatari logistics leader GWC has announced its acquisition of a non-controlling stake in Quivo, an Austrian firm specializing in e-commerce and supply chain solutions. The strategic investment is designed to expand GWC’s international network beyond the Gulf region and enhance the technological integration across its regional facilities. The value of the transaction and the exact size of the stake were not disclosed.
A Strategic Push into Europe and the US
This collaboration provides GWC’s clients across the GCC with direct access to Quivo’s active markets, which include the European Union, the United Kingdom, and the United States. The partnership leverages integrated digital logistics gateways, streamlining cross-continental trade for businesses in the region looking to tap into Western consumer markets.
Tech Integration and Regional Rollout
A key component of the deal is the adoption of Quivo’s operational software. GWC has already successfully integrated the platform into its warehouses in Qatar. The company plans to implement the same system in its facilities across Saudi Arabia and the United Arab Emirates in the next phase, aiming to unify and modernize its regional logistics operations.
Continued Global Expansion
The investment in Quivo is the latest move in GWC’s ambitious global expansion strategy. Earlier this year, the company acquired a 16.2% equity stake in the German supply chain operator Ancla Logistik for €8.2 million. In 2023, GWC also established a wholly-owned subsidiary in Saudi Arabia, GWC ENR, to strengthen its presence and support operations within the Kingdom’s rapidly growing market.
About GWC
Gulf Warehousing Company (GWC) is a leading provider of integrated logistics and supply chain solutions in Qatar. The company offers a full spectrum of services, including warehousing, freight forwarding, transportation, and records management, catering to a diverse range of industries across the MENA region.
About Quivo
Founded in 2017, Quivo was established through the merger of three logistics brands: Logsta, Ancla, and PackAngels. The company provides integrated, digital-first fulfillment and e-commerce solutions for direct-to-consumer (D2C) brands. Quivo operates a network of six warehouses located in Germany, France, Austria, the United Kingdom, and the United States.
Source: Jawlah
