Generix SA (ENXTPA:GENX) acquired the remaining 30% stake in Sologlobe Logistique, Inc. for €3.2 million on November 6, 2018. Under the term of the transaction, €0.5 million was paid as earn out. As a result of the acquisition, Generix SA increased its ownership in Sologlobe from 70% to 100%. As part of the transaction, €3.2 million was financed by taking out a medium-term loan. The name of Sologlobe has been changed to Generix Group North America. Generix SA (ENXTPA:GENX) completed the acquisition of the remaining 30% stake in Sologlobe Logistique, Inc. on November 6, 2018.