Abu Dhabi Ports Group aims through the merger to improve operational efficiency, in support of the international growth strategy.
The group announced Abu Dhabi Ports On Wednesday, it announced the completion of the largest restructuring process in its corporate history, by integrating the assets of the “Noatum” Group, which it recently acquired, into its operations.
The merger aims to benefit from the international brand value of the “Noatum” Group, and to strengthen the corporate structure of the “Abu Dhabi Ports“In line with its international expansion strategy.
The group is considered Noatum “A global integrated logistics company headquartered in Barcelona, operating in 32 countries and managing 16 terminals.
Nawatom within the new structure of “Abu Dhabi Ports”
According to the new structure, the head office of “Noatum”, in Spain, has been integrated into the business sectors of “Abu Dhabi Ports”Current and new,” according to the Emirates News Agency.
The Nautom Marine Services sector has also been fully integrated into a new sector called Nautom Marine under the “Ship“.
Noatum Terminals has been integrated into the newly created Noatum Ports sector to manage the Group’s current and future international ports.
Since July 2023, the “Noatum Logistics” sector has begun to take over the daily tasks of the group’s logistics sector business, after the completion of the acquisition deal.
33 stations affiliated with “Abu Dhabi Ports”
The restructuring has strengthened the position of the group, which now owns 33 stations and operates in more than 50 countries, contributing to improving operational efficiency and achieving integration between business sectors, in support of the group’s international growth strategy.
Cross-selling efforts, development of new solutions, and geographical expansion have consolidated the Group’s position as a global force in providing maritime and logistics solutions and a prominent contributor to global trade.
An important step in the group’s development process
Captain Mohamed Juma Al Shamisi, Managing Director and CEO of the Group, stressed that the integration process with “Nawatom” represents an important step in the development of “Abu Dhabi Ports”, noting that the Nawatom brand, its global networks, and its assets will enhance the group’s expansion and strengthen its economic position.
He added that these new additions will open up broad horizons for the group, enhancing synergies and increasing competitiveness, to ensure its continued leadership in current and new markets.
One of the priorities of the restructuring was to enhance shareholder value by achieving the greatest possible cooperation between the group’s sectors and exploiting synergistic opportunities, which contributes to increasing revenues and profits and supporting sustainable growth efforts.
