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
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
The landmark deal brings together two major industry players to form a global powerhouse in the trade and logistics industry
Subject to regulatory approvals, the transaction is expected to close in the first half of 2023