#Noatum

AD Ports Group’s Noatum buys Sesé Auto Logistics

AD Ports Group’s Noatum acquires Sesé Auto Logistics

The deal implies an enterprise value to EBITDA ratio of around 3.5x based on the company’s last twelve months performance to August 2023

AD Ports Group completes acquisition of Noatum

AD Ports Group completes acquisition of Spain’s Noatum

The landmark deal brings together two major industry players to form a global powerhouse in the trade and logistics industry

AD Ports Group signs agreements with Kyrgyzstan to promote trade

Abu Dhabi Ports Group acquires Spain’s Noatum in Dhs2.5bn deal

Subject to regulatory approvals, the transaction is expected to close in the first half of 2023