July 16, 2023
3 min

AD Ports Group completes the landmark Noatum acquisition upon ... - India Shipping News

AD Ports Group has completed its acquisition of Noatum, a global logistics services provider. The acquisition, valued at AED 2.65 billion, brings together two major industry players and forms a global powerhouse in trade and logistics. Noatum will assume leadership of AD Ports Group's Logistics Cluster, with integration and collaboration beginning immediately. Noatum's presence in major global markets and its comprehensive portfolio of trade and logistics services offers significant growth potential and scalability. The acquisition aligns with AD Ports Group's long-term growth strategy and aims to unlock value for customers, partners, and stakeholders.

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Adhikansh Gupta
Content Manager

Writer and editor who covers the latest trends and innovations in the software-as-a-service (SaaS) industry