EFG Hermes successfully concludes advisory on UAE-Based AD Ports acquisition of a 70% stake in Transmar and TCI
This transaction marks AD Ports’ first ever investment in Egypt
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This transaction marks AD Ports’ first ever investment in Egypt
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ABU DHABI : AD Ports Group completed the acquisition of a 70 percent equity stake in Transmar International Shipping Company (“Transmar”) and Transcargo
AD Ports Group has completed the acquisition of a 70 per cent equity stake in Transmar International Shipping Company and Transcargo International for AED 514 million ($140 million) as part of its first international acquisition.
Investment extends AD Ports Group’s presence in the Red Sea container, cargo and port operations.