Noatum Announces the Acquisition Agreement of Sesé’s Finished Vehicles Logistics

In Line with Noatum’s Strategy to Offer Comprehensive Solutions for Automotive Industry Across the Entire Logistics Value Chain

Madrid, Spain/Abu Dhabi, UAE – October 3, 2023: AD Ports Group (ADX: ADPORTS), one of the world’s premier facilitators of logistics, industry, and trade, announces that Noatum, which now leads its Logistics Cluster operations, has signed the 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 – EV) of EUR 81 million. The transaction is expected to be completed by Q1 2024, subject to regulatory approvals.

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