M&M France rounds off its portfolio
Militzer & Münch France (M&M) has acquired 100% of the shares of Acte International, an SME based near Grenoble that offers global supply chain management solutions. This acquisition comes after M&M bought ITP and ITPL in December 2020, companies that specialise in transport and logistics of pharmaceutical products and automotive spare parts.
Acte International rounds off M&M’s portfolio by training, audit and consulting services in the global supply chain, customs, CSR and compliance fields. M&M, which has offered customs clearance services since its creation in 1976, decided to expand this activity in 2018 by developing a customs support and training offers. The acquisition of Acte is part of this strategy.
M&M France managing director Guillaume de Laage de Meux emphasised the fact that “Acte International’s experience, and that of its subsidiary Acte Maroc in Africa, represent a growth opportunity for Militzer & Münch. Africa is a strategic axis for M&M , which is why we’ve appointed an Africa delegate, based in Casablanca.” The transaction was effective on 19 May 2021. (sh)