The Group now has 33 terminals and activities in more than 50 countries
AD Ports Group recently announced the completion of the biggest restructuring in its corporate history, integrating the assets of recently acquired Noatum Group into its existing business structure.
The integration of Barcelona-based Noatum Group, a vertically integrated provider of global logistics services with activities in 32 countries and 16 terminals in Spain, is designed to leverage Noatum’s international brand equity and solidify AD Ports Group’s corporate structure while pursuing its international expansion strategy.
Under the new business structure, Noatum’s corporate head office in Spain has been integrated into AD Ports Group’s existing and new business verticals. The Maritime operating unit of Noatum Group has been fully integrated as a new business segment into SAFEEN Group, which has been renamed as Noatum Maritime.
Port operations
The former Noatum Terminals operating unit has also become a component of the newly established Noatum Ports, leveraging Noatum’s international reputation. Noatum Ports will manage the existing and future international port operations of AD Ports Group.
The restructuring of Noatum into AD Ports Group, which now has 33 terminals and activities in more than 50 countries, has led to operating efficiencies and synergies that are supporting the Group’s international growth strategy.
“The addition of Noatum’s international brand equity, global networks, customer relationships and assets has not only strengthened and broadened the economic horizons of our Group, but it has positioned AD Ports Group for its next stage of growth,’’ remarked Captain Mohamed Juma Al Shamisi, Group Chief Executive Officer and Managing Director, AD Ports Group.
