Noatum completes Sesé Auto Logistics acquisition

AD Ports-owned Noatum, which leads the company’s logistics cluster operations, successfully closed the acquisition of Sesé Auto Logistics, the Finished Vehicles Logistics (FVL) business of Grupo Logístico Sesé, for a total purchase consideration €81 million (US$88 million).

The acquisition, which was approved by all relevant European regulators and closed today (31 January), solidifies Noatum’s commitment to providing comprehensive solutions across the entire logistics value chain in the...

https://container-news.com/noatum-completes-sese-auto-logistics-acquisition/

Noatum acquires Sesé’s Finished Vehicles Logistics

AD Ports Group announced that Noatum, which now leads its Logistics Cluster operations, has signed an 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 (Enterprise Value) of €81 million (around US$85 million).

The transaction is expected to be completed by the first quarter of 2024, subject to regulatory approvals.

According to AD Ports Group, this...

https://container-news.com/noatum-acquires-seses-finished-vehicles-logistics/