Published by Global Banking & Finance Review®
Posted on April 14, 2026
1 min readLast updated: April 14, 2026
Add as preferred source on GoogleAccess World, a global logistics firm founded in 1933, was previously owned by Glencore, which had acquired it in 2010. In December 2022, Glencore sold it to Global Capital Merchants, though full payment remains outstanding and regulatory approval may be pending regarding a possible ownership revers
LONDON, April 14 (Reuters) - Commodity trader and miner Glencore has taken back ownership of Access World, the global logistics firm said on Tuesday.
Glencore's ownership is subject to approvals by a Dutch court and regulators, which are expected to be obtained at the start of the third quarter.
"Access World can confirm that Glencore has taken initial enforcement rights under vendor financing provided by Glencore to Global Capital Merchants to revert the ownership of the business back to Glencore," Access World said in a statement.
"This follows the lack of repayment of the vendor financing provided by Glencore," it added.
Access World owns and leases warehouses to store metals including copper and ranks among major logistics players. It was sold by London-listed Glencore in 2022 to Global Capital Merchants incorporated in the British Virgin Islands.
(Reporting by Pratima Desai; Editing by Joe Bavier)
Commodity trader and miner Glencore has taken back ownership of Access World.
No, Glencore's ownership is subject to approval by the Dutch Court and regulators.
Access World is a global logistics firm.
The Dutch Court and regulators must approve Glencore's ownership of Access World.
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