Receive FREE Newsletter
Advanced Search
+

News / AD Ports' Noatum buys Spanish finished vehicle logistics specialist

dreamstime_xs_55568423
Photo 55568423 | Europe © Mark Eaton | Dreamstime.com
By

Less than a year after buying Spanish ports and logistics group Noatum in a $660m deal, Abu Dhabi-based AD Ports Group has used its new subsidiary to acquire finished vehicle logistics operator Sesé Auto Logistics.

The deal will see Noatum acquire 100% of the operator from ...

To read this article you need to subscribe.

Help us to continue to invest in award-winning independent journalism. For an introductory offer of just £70 a year, or £10 per month, get access to all our daily news stories and opinion. If you are already a registered user, please login below with your current account's email and password to subscribe. If you are not registered and want to subscribe, please register below to subscribe.
Current subscriber
New subscriber

Comment on this article

You must be logged in to post a comment.

    Related Stories

    Topics

    AD Ports BMW Daimler MAN Mazda Noatum Logistics Renault Sese Auto Logistics SP-PSA International Stellantis Takeover Talk Va va voom... Vertical consolidation

    Most read news

    European importers face backlogs as rail delays exacerbate port congestion

    Global shipping to shift as Europe and southeast Asia fill US gap in China trade

    MSC joins lines cutting transpac services – but it's not enough to halt rate slide

    Transpacific drop illustrates shifting global container trade patterns

    Wednesday still 'Tariff Day' – even if Trump changes his mind again

    Gemini to reintroduce direct Asia-Europe calls at Aarhus and Gothenburg

    Hamburg gives go-ahead for Eurogate terminal expansion

    Two killed after Houthi attacks resume on merchant ships

    'Stable' Asia-Europe rates 'very different' to double-digit declines on transpacific

    The right customs plan will be a gamechanger, Maersk warns shippers

    Taiwanese shipping lines set to profit from proposed Vietnam tariff deal

    EXCLUSIVE: Toll Group poaches top executive from DHL GF – sources

    Amazon wanted to partner, then copied our air cargo strategy, claims start-up

    Soft airfreight market casts doubt over H2 peak

    Deal talk, new partners and codswallop in logistics

    DP World given competition clearance to press ahead with Silk Logistics takeover