Business /

Buyout of Dubai's Aramex by Abu Dhabi fund is complete

Deal for DFM-listed Aramex clears all regulatory approvals

Last updated: July 22, 2025 | 09:28

Manoj Nair, Business Editor

1 MIN READ

It was in January that Aramex confirmed it had received the offer from ADQ owned Q Logistics.

Supplied

Dubai: The takeover of Dubai-based logistics Aramex by Abu Dhabi investment firm ADQ is now complete.

ADQ becomes the majority shareholder in DFM-listed Aramex, with a 63.16% stake. This will include the shareholding held by AD Ports Group, in which ADQ holds a majority stake.

It was in January that Aramex confirmed a takeover bid from ADQ-backed Q Logistics to create a UAE and regional logistics heavyweight.

Aramex shareholders was offered Dh3 a share to sell their holdings.

Also Read: Logistics firm Aramex delivers upbeat 2024 numbers - will stake sale be next?

ADQ has received 'all required antitrust and foreign direct investment regulatory approvals, as well as statutory exemptions and waivers from relevant governmental authorities within and outside the UAE', said a statement. This comes 'along with the satisfaction (or waiver) of all other conditions to the offer'.

With operations in over 60 countries, a trucking network in the GCC, and 800,000 square meters of warehousing, Aramex 'brings scale, capabilities, and geographic reach'.

"Its integration into ADQ’s portfolio accelerates the development of a fully integrated, multimodal logistics platform that supports regional trade and economic growth," said the statement.

ADQ is already a fairly substantial player in logistics through express delivery, freight forwarding, third-party logistics, and warehousing.

Manoj NairBusiness Editor

Manoj Nair, the Gulf News Business Editor, is an expert on property and gold in the UAE and wider region, and these days he is also keeping an eye on stocks as well. Manoj cares a lot for luxury brands and what make them tick, as well as keep close watch on whatever changes the retail industry goes through, whether on the grand scale or incremental. He’s been with Gulf News for 30 years, having started as a Business Reporter. When not into financial journalism, Manoj prefers to see as much of 1950s-1980s Bollywood movies. He reckons the combo is as exciting as it gets, though many will vehemently disagree.