- GWC Acquires a Non-Controlling Stake in Austria-Based Quivo, a Specialist in Supply Chain and E-Commerce Solutions.
- The Partnership Enables Gulf Clients to Access European, UK, and U.S. Markets Through Unified Digital Platforms.
- The Move Is Part of GWC’s Global Expansion Strategy, Which Includes Investments in Germany and Saudi Arabia to Strengthen Its International Presence.
GWC, one of Qatar’s largest logistics service providers, announced the acquisition of a non-controlling stake in Austria’s Quivo, a company specializing in supply chain and e-commerce solutions. The move comes as part of GWC’s broader strategy to expand its global operations and enhance technological integration across its regional network.
According to the company’s statement, GWC has begun integrating Quivo’s operational systems into its warehouses in Qatar, with plans to extend the same technology to its facilities in Saudi Arabia and the UAE in the next phase. This integration will enable unified digital management of supply chains across the region.
Through this collaboration, GWC’s clients in the Gulf will gain access to new markets across the European Union, the United Kingdom, and the United States via comprehensive digital logistics gateways—strengthening the company’s global competitiveness.
The acquisition builds on GWC’s ongoing international expansion strategy. Earlier this year, the company acquired a 16.2% stake in Germany’s Ancla Logistik for €8.2 million and launched GWC ENR in Saudi Arabia to bolster its local operations.
Founded in 2017 following the merger of three logistics brands (Logsta, Ancla, and PackAngels), Quivo has become a prominent European player in direct-to-consumer e-commerce logistics, managing a network of six warehouses across Germany, France, Austria, the UK, and the US.
العربية (Arabic) To read the article in Arabic, click here
