Abu Dhabi Ports acquires “MICO” for logistics services

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Follow-up to the Gulf 365 – Abu Dhabi – Abu Dhabi: “Gulf 365” Abu Dhabi Ports announced the acquisition of “MICO Logistics Services”, one of the first founders of the logistics services sector in Abu Dhabi, and its inclusion in its business portfolio, as part of its continuous efforts to establish the emirate’s position as a center Global and dynamic for trade and logistics. Through the acquisition of “MICO” and its inclusion in its portfolio, Abu Dhabi Ports becomes one of the largest providers of integrated logistics services and solutions in the UAE and the region, and strengthens its capabilities in providing advanced services at a high level of efficiency to its customers. The addition of “MICO” also allows the company to expand the scope of the company’s activities to include vital sectors such as retail, electronic delivery services, basic consumer goods, health care and medicine. It also ensures that it maintains its leadership as a specialized provider of logistics services to the vital energy sector thanks to the great expertise and capabilities that MICO has in this sector. Large transport fleet The regional and international logistical solutions provided by MICO, supported by a large and diversified transport fleet, and a wide network of cold storage warehouses, constitute a valuable addition to Abu Dhabi Ports’ diverse capabilities in handling goods and services in industrial and free zones. These additional capabilities ensure that all the requirements and needs of dealers throughout the supply chain are met by providing all services under one umbrella, including providing sources, managing purchase orders, handling international project shipments, customs clearance, shipping and unloading, local, regional and international transportation of goods, and catering services. Aviation sector onshore, order delivery and handling solutions, all of which are done through a network of distribution centers strategically located in the region. “Holding” (ADQ), Khalifa Sultan Al Suwaidi, Vice Chairman of Abu Dhabi Ports and Head of Investment Portfolios at “Holding” (ADQ), said: “We are cooperating with Abu Dhabi Ports to transform its logistics arm into one of the largest providers of comprehensive and integrated logistics solutions. And the most cost-efficient in the UAE and abroad. This reflects the role that ADQ plays in stimulating development and economic growth through our portfolio of the logistics services sector, while working at the same time to enhance the strategic position of Abu Dhabi Ports as a leading provider of integrated services for ports and industrial areas, contributing to Facilitating the movement of trade and maritime logistics worldwide. Strengthening the position of Abu Dhabi For his part, Captain Mohamed Jumaa Al Shamsi, CEO – Abu Dhabi Ports, indicated that the acquisition of MICO is part of the government’s rational endeavors to strengthen Abu Dhabi’s position as a leading center for trade and global supply chains, and is considered a natural development of the growth witnessed by Abu Dhabi Ports And as a continuation of the remarkable achievements it has made since the beginning of this year, it also contributes to meeting its growing needs to develop additional capabilities commensurate with its business requirements. He added: “The strategic alignment between the capabilities of Abu Dhabi Ports and MICO will enable us to enhance our competitiveness on the regional and international arenas as a major provider of comprehensive logistics solutions through the broader service offerings that we provide to current and future customers, and increase our contribution to the non-oil economy of the Emirate of Abu Dhabi and government efforts to diversify the economy. We look forward to supporting the growth of our customers’ business by providing our enhanced logistics services, and we are confident of the positive results of this strategic step. ” New sectors For his part, Robert Sutton, Head of Logistics Sector – Abu Dhabi Ports, said: “Abu Dhabi Ports’ acquisition of MICO is in line with the company’s vision and growth strategy that it adopts, and enables it to improve services provided to customers and meet the needs of the growing market in the United Arab Emirates and the rest of the global markets. ». He added: “This step will expand the scope of our services along the supply chain, and open up broad prospects for Abu Dhabi Ports to enter new sectors that need these services, including basic consumer goods and health care, in addition to its role in strengthening the connection of global markets in the Gulf region and the UAE. United ». KIZAD is also the first logistic company to launch its operations in KIZAD and establish a sophisticated distribution center that includes cold storage services for perishable goods for longer periods of time. The advanced warehouse management systems, along with the advanced GPS that the company employs in its operations, are a valuable addition to the technical excellence that MICO provides in the supply chain.

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