AD Ports Group completes major restructuring following Noatum integration

AD Ports Group has completed the largest restructuring in its history, integrating the assets of Spain-based Noatum Group into its operations.

The restructuring marks a pivotal step in the group’s international expansion strategy, leveraging Noatum’s global brand equity and operational capabilities across 32 countries.

Noatum, acquired in 2023 for Dhs2.65bn ($720m), operates 16 terminals in Spain and provides vertically integrated logistics services worldwide.

Under the new structure, Noatum’s corporate head office in Spain is fully integrated into AD Ports Group’s existing and newly formed business verticals.

Key changes include:

• Noatum Maritime: The maritime unit of Noatum Group has been incorporated into SAFEEN Group, which has been renamed Noatum Maritime.
• Noatum Ports: The former Noatum Terminals unit now manages AD Ports Group’s international port operations under the new Noatum Ports business segment.
• Noatum Logistics: Since July 2023, Noatum Logistics has overseen AD Ports Group’s Logistics Cluster business.

The integration brings the group’s footprint to 33 terminals across more than 50 countries.

The restructuring has delivered operating efficiencies and synergies, driving cross-selling opportunities, the development of new products, and expansion into new markets.

Global expansion and market leadership

The group has tripled its revenue since 2021, fuelled by organic growth and strategic acquisitions, including Noatum and Dubai-based Global Feeder Shipping (GFS), acquired for Dhs1.9bn.

These investments, alongside ventures in Egypt, Central Asia, and Sub-Saharan Africa, have bolstered the company’s global profile.

This year, AD Ports Group entered Drewry International’s rankings of the world’s 20 largest container port operators and achieved 40th place in Lloyd’s List Top 100 global rankings.

AD Ports Group: Strategic vision for growth

Captain Mohamed Juma Al Shamisi, group CEO and MD of AD Ports Group, emphasised the milestone achievement: “The successful integration of Noatum’s assets marks a major milestone in the corporate development of the group. The addition of Noatum’s international brand equity and assets has positioned the group for its next stage of growth.”

The restructuring prioritises shareholder value by maximising collaboration and synergy between the group’s clusters. These efforts aim to sustain top-and bottom-line growth while solidifying the group’s competitive edge in global markets.