AD Ports Group's Noatum Announces Acquisition Of Majority Stake In Safina
Aug 16 (Reuters) -ABU DHABI PORTS COMPANY PJSC ADPORTS.AD:
NOATUM ENTERS EGYPT’S MARITIME MARKET WITH THE ACQUISITION OF SAFINA SHIPPING SERVICES
NOATUM ANNOUNCES ACQUISITION OF A MAJORITY STAKE IN SAFINA B.V.
DEAL IS EXPECTED TO CLOSE IN Q3 2024
SAFINA WILL BE REBRANDED AS NOATUM MARITIME EGYPT IN DUE COURSE
SAFINA WILL BE INTEGRATED INTO NOATUM MARITIME ECOSYSTEM
FOUNDERS WILL RETAIN A MINORITY STAKE IN THE BUSINESS AND CONTINUE TO SUPPORT GROWTH OF COMPANY
Further company coverage: ADPORTS.AD
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