AD Ports Group to purchase the Noatum Group
AD Ports Group, a global premier facilitator of logistics, industry and trade, has formalized a purchase agreement for the entire Noatum Group.
Noatum is a multinational group specializing in transport, comprehensive logistics and port operations services. Its work is divided into three main business areas: Noatum Maritime, Noatum Logistics and Noatum Terminals.
AD Ports Group said the Noatum Group’s solid track record, the sustained success of its business model and the expertise of its professionals were key to AD Ports Group considering Noatum as a perfect fit to its business conglomerate.
AD Ports Group’s portfolio comprises 10 ports and terminals, and more than 550 square kilometers (212 square miles) of economic zones within KEZAD Group, the largest integrated trade, logistics and industrial business grouping in the Middle East.
AD Ports said it intends to create a market-leading international logistics brand by consolidating its existing logist