AD Ports Group completes Noatum acquisition

AD Ports Group has completed the acquisition of Noatum, a global integrated logistics services provider, after receiving approvals from all relevant regulatory bodies.

More specifically, the company received the final approval from Spanish Authorities and the regulatory clearance from the European Commission earlier in the year.

The total purchase consideration for 100% ownership of Noatum is approximately US$720 million. Noatum generated revenue and EBITDA of US$1.7 billion and around US$122...

https://container-news.com/ad-ports-group-completes-noatum-acquisition/

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