GulfBase Live Support
Leave a message and our representative will contact you soon
23/07/2025 02:12 AST
ADQ, an active sovereign investor focused on critical infrastructure and global supply chains based in Abu Dhabi, has completed the acquisition of a majority stake in leading logistics group Aramex, thus increasing its shareholding in the company to 63.16% when combined with the shareholding held by AD Ports Group, in which ADQ holds a majority stake.
Voluntary tender offer for Aramex submitted by its wholly owned indirect subsidiary Q Logistics Holding has become unconditional following receipt of all required regulatory and internal approvals, it stated.
ADQ said the acquisition of a controlling stake in Aramex strengthens its position in the services layer of the logistics ecosystem, which includes express delivery, freight forwarding, third-party logistics, and warehousing.
These functions are critical to enabling seamless trade flows and linking transport infrastructure to end users.
This follows the receipt of all required antitrust and foreign direct investment regulatory approvals, as well as statutory exemptions and waivers from relevant governmental authorities within and outside the UAE, along with the satisfaction (or waiver) of all other conditions to the offer, it stated.
With operations in over 65 countries, a leading trucking network in the GCC, and 800,000 sqm of global warehousing, Aramex brings scale, capabilities, and geographic reach. Its integration into ADQ's portfolio accelerates the development of a fully integrated, multimodal logistics platform that supports regional trade and economic growth, it added.
Mansour AlMulla, Deputy Group Chief Executive Officer of ADQ, said: "ADQ's majority shareholding in Aramex marks a strategic step toward advancing our vision to build a globally integrated logistics platform anchored in the UAE."
"Aramex brings strong capabilities and operational depth that complement our existing investments across air, sea, and land infrastructure. Its addition enhances the services layer of the logistics value chain and supports the development of end-to-end trade and supply chain solutions. We believe Aramex is well positioned to unlock long-term value through greater integration with ADQ's broader portfolio, and we are confident in its ability to deliver sustainable growth," he noted.
Aramex will become part of ADQ's Transport & Logistics cluster, which plays a central role in advancing multimodal connectivity and reinforcing Abu Dhabi's position as a global transport and logistics hub, he added.
Trade Arabia
08/08/2025
Aramex reported group revenues of Dh3.06 billion for the first half of 2025, marking a 1% year-on-year increase, as growth in domestic and regional logistics offset weakness in international express
Gulfnews
24/04/2025
The Dubai-based logistics firm Aramex has confirmed a new acting CEO after Othman AlJeda, the incumbent, resigned for personal reasons.
The change at the top comes just weeks after Abu Dhabi
Gulfnews
11/03/2025
Aramex, the Dubai-based logistics company, has been acquired by Q, marking one of the bigger corporate takeovers in the UAE.
Q Logistics is part of ADQ, the Abu Dhabi investment company with
Gulfnews
Ticker | Price | Volume |
---|
08/08/2025
Burjeel Holdings, a leading super-specialty healthcare services provider in MENA, has delivered a strong top-line growth of 18.7% to AED1,403 million ($381.98 million) in Q2 2025, driven by a 12.1% i
Trade Arabia
08/08/2025
Saudi Arabian Mining Company (Maaden) has reported a 73% jump in its net profit for the first half, which soared to SAR3.47billion ($924 million) from SAR2.01 billion ($535 million) last year, mainly
Trade Arabia
08/08/2025
Market heavyweight Industries Qatar (IQ) - the holding entity of Qatar Petrochemicals, Qatar Fertiliser and Qatar Steel - has reported net profit of QR2bn in the first half (H1) of 2025.
The
Gulf Times
08/08/2025
Aramex reported group revenues of Dh3.06 billion for the first half of 2025, marking a 1% year-on-year increase, as growth in domestic and regional logistics offset weakness in international express
Gulfnews
08/08/2025
Parkin Company PJSC, the city's largest paid public parking provider, reported a record 56% year-on-year rise in Q2 2025 revenue to Dh320 million, driven by higher public parking tariffs, strong enfo
Gulfnews