Buildings & Logistic Services
A subsidiary of the H&S Invest group, Buildings & Logistic Services (BLS) is a Moroccan logistics company primarily active in the retail and pharmaceutical sectors. In 2023, STOA invested in the company with the aim of improving supply chains in these sectors and ultimately contributing to economic growth.
Challenges
The Project
Buildings & Logistic Services, a major player in the 3PL sector, is expanding its regional network to provide its customers with high value-added logistics services. The company plans to open seven new warehouses, starting in the north of the country and in non-coastal regions. It is also working to expand its offering to the pharmaceutical sector, which is growing rapidly in Morocco.
STOA’s investment will enable the company to improve its exchange infrastructure by building new warehouses. It will also help to optimise distribution channels by pooling logistics infrastructure and integrating the distribution chain, thereby reducing the country’s logistics costs, which account for around 20% of GDP.
Moncef Belkhayat, CEO of H&S Invest
Key Facts
Company: Buildings & Logistic Services
Infrastructure: Logistics
Geographic Area: Morocco
Stake: 17.7%
Since: 2023
Co-shareholders: H&S Invest Holding, IFC