LogS acquired 65% stake in Timar Tanger Méditérannée from Timar SA for €1 million.

Timar specializes in international merchandise transportation commission services. The group's activity is organized into five sectors: - international transportation commission services: point-to-point organization of international transportation, over road, by sea and by air; - international roadway transportation services; - transit services: handling customs formalities for merchandise coming from or going to foreign destinations; - supply of logistic services: handling, storage, loading, surveillance, etc.; - other: execution of all transportation, transit, and logistic operations for constructing large sites.