To offer Comprehensive Solutions for Automotive Industry across the entire Logistics Value Chain
AD Ports Group has announced that Noatum, which now leads its Logistics Cluster operations, has signed the agreement for the acquisition of the 100% equity ownership of Sesé Auto Logistics, the Finished Vehicles Logistics (FVL) business of Grupo Logístico Sesé, for a total purchase consideration of EUR 81mn.
Sesé Auto Logistics is engaged in road and rail transport logistics of light and heavy vehicles, operating from five main European countries, namely Spain, Germany, Poland Czech Republic, and Hungary, with a fleet of over 200 trucks that cover more than 30 million kilometres annually across Europe.
The company serves leading OEMs including Renault, Stellantis, Mazda, Daimler, BMW, PSA and MAN, among others.
The acquisition of Sesé Auto Logistics is part of Noatum’s strategy to offer a comprehensive and vertical solution for the automotive industry under the Noatum Automotive brand, covering the entire logistics value chain, from transport to distribution and final delivery of vehicles to customers.
Significant synergies
This transaction will also generate significant synergies with Noatum’s port terminals business in Spain, offering an integrated logistics solution that will reinforce Noatum Automotive’s services for Original Equipment Manufacturers (OEMs) and other stakeholders. Noatum Automotive maintains its strategy of neutrality towards all its stakeholders.
“Noatum’s acquisition of Sesé Auto Logistics, which brings to us significant capabilities, expertise and logistics networks, will help deliver on our vision as it will allow us to further expand within Europe’s growing and profitable automotive sector,” remarked Captain Mohamed Juma Al Shamisi, Managing Director and Group CEO, AD Ports Group.
“Our goal is to enhance Noatum Automotive’s industry solutions in order to strengthen our products range throughout the entire logistics supply chain, and to become one of the main global players in the automotive sector,” commented Antonio Campoy, Chief Executive Officer, Noatum, Logistics Cluster, AD Ports Group.
