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AD Ports takes over Noatum for €660m (EV)


PRESS RELEASE 

Acquisition of Noatum Propels AD Ports Group to Become a Global Logistics Platform

AED 2.5 Billion Strategic Investment also Offers Exposure to Maritime Activities in the Mediterranean Region and Port Facilities in Spain

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 …

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