AD Ports Group has announced the acquisition of Noatum, a global integrated logistics platform with a presence in 26 countries, for around US$680 million in a transaction that is expected to close in the first half of 2023.
AD Ports Group said it intends to create an international logistics brand, merging its existing logistics business with Noatum, which will lead AD Ports Group’s Logistics Cluster, consolidating the company’s existing logistics offering into its operations.
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https://container-news.com/ad-ports-confirms-noatum-takeover/