Sign in
GreenDome Holdings subsidiary Elite Co has acquired cold-chain logistics company LogX in a multi-mns USD transaction, according to a statement. Elite’s acquisition of LogX will boost its cold-chain capabilities and further its strategy to establish end-to-end logistics services, the statement notes.
Background:GreenDome Investments acquired Elite, a supply chain solutions company that operates throughout Oman, Bahrain, Qatar and the UAE, back in November 2021 in what was then one of the “largest acquisitions in the logistics market,” Wam reported.
About LogX: The company, established in 2016 by CEO and co-founder Abdul Sami Khan (LinkedIn), specializes in providing last-mile cold chain logistics for temperature-controlled products, according to their website.
