AD Ports completes Noatum asset revamp

AD Ports Group has announced the completion of the biggest restructuring in its corporate history, integrating the assets of recently acquired Noatum Group into its existing business structure.

The integration of Barcelona-based Noatum Group, a vertically integrated provider of global logistics services with activities in 32 countries and 16 terminals in Spain, is designed to leverage Noatum's international brand equity and solidify AD Ports Group's corporate structure while pursuing its international expansion strategy.

Under the new business structure, Noatum's corporate head office in Spain has been integrated into AD Ports Group's existing and new business verticals.

The Maritime operating unit of Noatum Group has been fully integrated as a new business segment into SAFEEN Group, which has been renamed as Noatum Maritime.

The former Noatum Terminals operating unit has also become a component of the newly established Noatum Ports, leveraging Noatum's international reputation. Noatum Ports will manage the existing and future international port operations of AD Ports Group.

Noatum Logistics had already previously assumed day-to-day responsibility for AD Ports Group's Logistics Cluster business in July 2023 after the Noatum acquisition was completed.