GWC (Q.P.S.C), one of the leading logistics providers in the MENA region, announced the acquisition of a strategic, non-controlling stake in European tech and logistics scale-up Quivo, a move that significantly extends its footprint across three continents. The deal aims to bridge GCC logistics capabilities with major global marketplaces, empowering both regional and international brands to expand effortlessly.
Sheikh Abdulla Bin Fahad Bin Jassim Bin Jaber Al Thani, Group Managing Director of GWC, said:
“This strategic acquisition strengthens GWC’s global presence and connects Qatar’s logistics expertise with new markets. It gives homegrown and regional brands seamless access to international marketplaces and access point global companies to reach hundreds of millions of consumers across the region.”
Quivo, founded in 2017 following the merger of Logsta, Ancla, and PackAngels, operates six advanced warehouses across Germany, France, Austria, the UK, and the US. Its technology-driven infrastructure supports e-commerce brands with a unified SaaS platform integrating multi-channel listings, APIs, and seamless connections to platforms such as Amazon and Shopify.
GWC has already integrated Quivo’s operational software into its facilities in Qatar, with rollouts in the UAE and Saudi Arabia planned in the coming months. The collaboration seeks to leverage the GCC’s booming e-commerce sector, forecasted to nearly double to US$47 billion by 2029 according to the Seamless GCC Market Report 2024.
Matthew Kearns, Acting Group CEO of GWC, commented:
“We are advancing how logistics and technology work together. The strategic stake acquisition of Quivo extends our reach across three continents and strengthens our position as a leader in tech-enabled e-commerce logistics. This acquisition delivers instant scalability, enabling brands to plug into our infrastructure without rebuilding operations.”
Georg Weiß, Co-Founder and CEO of Quivo, added:
“This partnership connects marketplace visibility to perfect order execution. With Quivo’s omnichannel SaaS and GWC’s regional logistics footprint, brands get a single command centre for catalogue, orders, payments, and performance, backed by dependable fulfilment across Qatar, the UAE, and Saudi Arabia.”
The acquisition is part of GWC’s ongoing global expansion strategy. Earlier this year, the company acquired a 16.15% stake in ANCLA Logistik GmbH, a German logistics firm that merged with Logsta and PackAngels under the Quivo brand.
With over 4 million square meters of logistics infrastructure, GWC continues to establish itself as a regional leader in tech-enabled logistics, offering comprehensive supply chain solutions to both local and international clients.
