UAE’s Agthia Group partners with AD Ports Group to enhance supply chain connectivity

UAE-based food and beverage company Agthia Group, has signed a Memorandum of Understanding (MoU) with AD Ports Group, an Abu Dhabi-based facilitator of trade, logistics, and industry.

يسرنا أن نعلن اليوم عن توقيع مذكرة تفاهم لتأسيس الشراكة الاستراتيجية مع مجموعة موانئ أبوظبي بهدف استغلال الفرص المتاحة لتعزيز ربط سلسلة الإمداد، وتحسين الخدمات اللوجستية والكفاءات التشغيلية، بالإضافة إلى تسريع تنفيذ المبادرات الرقمية. pic.twitter.com/TG2BMYEfEF

— Agthia Group (@AgthiaGroup) December 7, 2022

Under the terms of the MoU, Agthia Group and AD Ports Group will jointly explore opportunities to enhance Agthia’s supply chain connectivity, improve logistics and operational efficiencies, and accelerate the implementation of digital-first initiatives, the company said in a statement.

“Investing in supply chain efficiencies and digital-first initiatives is key to creating long-term value across our organisation. This important MoU reflects a desire by both parties to share their knowledge and expertise to improve the end-consumer experience and help future-proof growth,” said Alan Smith, chief executive officer of Agthia Group.

Both entities will collaborate to optimise Agthia’s logistics operations, leveraging AD Ports Group’s experience in providing integrated end-to-end logistics solutions and supply chain data analytics.

“AD Ports Group has prioritised the development of innovative technology and advanced logistics services for the food sector as part of our support for the UAE’s National Food Security Strategy, and we are pleased to work with Agthia Group to strengthen their supply chains and deliver new efficiencies by taking advantage of our world-class logistics infrastructure, capabilities and expertise,” added Capt. Mohamed Juma Al Shamisi, managing director and group CEO, AD Ports Group.

We signed a Strategic Partnership MoU with @AgthiaGroup paving the way for us to help optimise Agthia’s operations pic.twitter.com/Hwr38fPphS

— AD Ports Group (@ADPortsGroup) December 7, 2022

Agthia Group reported Dhs40.5m in net profit for Q3 2022, up 14 per cent on the previous year.

Read: UAE’s Agthia Group reports 14% rise in net profit for Q3 2022

Meanwhile, AD Ports Group and the Africa Finance Corporation (AFC), a provider of infrastructure solutions in Africa, also inked a contract this week to address infrastructure gaps across the continent.

Read: AD Ports Group, Africa Finance Corporation ink deal