Acquisition of MBS Logistics by AD Ports Group
Sector: Warehouse • Location: Germany
Source: Splash247
Abu Dhabi-based AD Ports Group is expanding its global logistics footprint with the acquisition of German freight forwarder MBS Logistics in a deal valued at AED300m ($82m). The acquisition will give AD Ports full ownership of MBS Logistics' core business, excluding its joint ventures. MBS operates an asset-light freight forwarding business focused on Germany and Central Europe, with networks acro
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | planned |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Abu Dhabi-based AD Ports Group is expanding its global logistics footprint with the acquisition of German freight forwarder MBS Logistics in a deal valued at AED300m ($82m). The acquisition will give AD Ports full ownership of MBS Logistics' core business, excluding its joint ventures. MBS operates an asset-light freight forwarding business focused on Germany and Central Europe, with networks across China, Vietnam, and the US. The acquisition will be part of AD Ports' logistics arm Noatum Logistics, enhancing its presence in Europe and major trade corridors linking Europe with Asia and the transpacific market. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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