Abu Dhabi, UAE - 18 November 2022: AD Ports Group today announced that it has acquired Noatum, a global integrated logistics platform with a presence in 26 countries and LTM revenue and EBITDA of AED 6.91 billion (EUR 1.80 billion) and AED 555 million (EUR 145 million), respectively. Abu Dhabi's AD Ports buys Spanish logistics company Noatum in $681m deal The 'value and earnings accretive acquisition' will help to expand the company's global footprint Noatum Auto Terminal. The acquisition of Noatum will help AD Ports Group to become a global logistics platform Photo: AD Ports Group Sarmad Khan Nov 17, 2022 Listen In English
Abu Dhabi Ports Group adquiere el Grupo Noatum por 660 millones de euros
Abu Dhabi, UAE - 02 July 2023: AD Ports Group (ADX: ADPORTS), one of the world's premier facilitators of logistics, industry, and trade, today announced that it has completed the acquisition of Noatum, a global integrated logistics services provider with a presence across 26 countries, after receiving approvals from all relevant regulatory bodies. Abu Dhabi, UAE - 02 July 2023: AD Ports Group (ADX: ADPORTS), one of the world's premier facilitators of logistics, industry, and trade, today announced that it has completed the acquisition of Noatum, a global integrated logistics services provider with a presence across 26 countries, after receiving approvals from all relevant regulatory bodies. Abu Dhabi Ports Group acquires Spain's Noatum in Dhs2.5bn deal Subject to regulatory approvals, the transaction is expected to close in the first half of 2023 by Gulf Business November 19,. Madrid, 18 November 2022 - The purchase agreement for the entire Noatum Group by AD Ports Group was formalised yesterday afternoon. Established in 2006 in the United Arab Emirates, AD Ports Group today serves as a global premier facilitator of logistics, industry, and trade, as well as a bridge linking Abu Dhabi to the world.
Acquisition of Noatum propels Abu Dhabi Ports Group to a global logistics platform
Abu Dhabi-based AD Ports Group has completed its acquisition of Spanish-headquartered logistics group Noatum. The AED2.64 billion (EUR660 million) deal was signed on 30 June with AD Ports taking. AD Ports Group, the operator of industrial cities and free zones in Abu Dhabi, has further expanded its global asset portfolio with the acquisition of Spanish integrated logistics platform Noatum. AD Ports has received final approval for the deal from the Spanish authorities after obtaining regulatory clearance from the European Commission earlier this year, giving it full control of a company. UAE's AD Ports Group said it has completed the acquisition of Spain-based logistics services provider Noatum in a deal valued at $722m (Dhs2.65bn) as the Abu Dhabi-listed logistics giant looks. The acquisition remains subject to regulatory approvals and is expected to close in the first half of next year. Allen & Overy has advised Abu Dhabi Ports Group on its acquisition of Spanish logistics firm Noatum for AED2.5 billion (USD681 million). The acquisition propels AD Ports Group to one of the most significant logistics and freight.
Abu Dhabi Ports Group adquiere la española Noatum por 2.500 millones de dirhams
Post-deal, the Abu Dhabi entity will bring Noatum into its 'Logistics Cluster'. Image Credit: Supplied Dubai: The AD Ports Group has bought US-based logistics platform Noatum for a total. Home Economy Acquisition of Noatum Propels AD Ports Group to Become a Global Logistics Platform AD Ports Group today announced that it has acquired Noatum, a global integrated logistics platform with a presence in 26 countries and LTM revenue and EBITDA of AED 6.91 billion (EUR 1.80 billion) and AED 555 million (EUR 145 million), respectively.
Published: Fri 18 Nov 2022, 3:06 PM AD Ports Group announced on Friday that it has acquired Noatum, a global integrated logistics platform with a presence in 26 countries, for Dh2.5 billion. Abu Dhabi-listed AD Ports Group completed the acquisition of Spain-based logistics services provider Noatum on a deal worth 660 million euros (Dh2.5 billion), the UAE company said on Sunday.
Comisión Europea aprueba adquisición de Noatum por parte de Abu Dhabi Ports Logística 360
Abu Dhabi Ports Company PJSC completed the acquisition of Noatum Logistics SL. July 02, 2023 Abu Dhabi Ports Company PJSC (ADX:ADPORTS) agreed to acquire Noatum Logistics SL on November 18, 2022. Abu Dhabi will acquire Noatum Logistics for an Enterprise Value of AED 2.5 billion. AD Ports Group will acquire a 100% ownership stake in the Spain-headquartered firm for $720 million (AED2.65 billion). The Abu Dhabi-based facilitator of logistics, industry, and trade, AD Ports Group, has completed the acquisition of Noatum, a global provider of integrated logistics services with operations in 26 countries.
