With the acquisition of the Moroccan company Satcoma Voyageurs, CTM continues to wager on intercity travel
In search of organic growth, the company is turning to acquisitions to consolidate its lead in intercity transport in Morocco, a sector targeted by a European market leader.
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▪ With the acquisition of the Moroccan company Satcoma Voyageurs, CTM continues to wager on intercity travel
▪ In search of organic growth, the company is turning to acquisitions to consolidate its lead in intercity transport in Morocco, a sector targeted by a European market leader.
▪ https://www.africabusinessplus.com/en/802421/avec-le-rachat-du-marocain-satcoma-voyageurs-ctm-continue-de-parier-sur-linterurbain/
With 1.1 million passengers, Satcoma-Satas Voyageurs SARL generated revenues of 100 million dirhams ($10.4m) last year. Around 110 buses of the Casablanca-based company will strengthen the fleet of the Compagnie de Transports au Maroc (CTM), which already has more than 250 vehicles operating in this segment.
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