Abu Dhabi Ports, part of ADQ, has announced the acquisition of MICCO Logistics, a move that is in line with Abu Dhabi Ports? drive to enhance the emirate?s rank as an international hub for trade and logistics
With the integration of MICCO as part of Abu Dhabi Ports Logistics, the Group?s logistical arm leverages MICCO?s experience and capabilities as the emirate?s first provider of end-to-end logistics solutions.
Thanks to the powerful combination of MICCO?s international and regional logistics solutions, its large and diversified transportation fleet, and a network of temperature-controlled warehouses, along with the Group?s extensive multi cargo handling and industrial zone capacity, Abu Dhabi Ports is set to serve its customers along every segment of the supply chain.
The acquisition aims to enable the organisation to manage all customer touch points including sourcing; PO management; international freight handling through project, commercial and contract logistics; customs clearance; stevedoring; local, regional, and international transportation; Airline Road Feeder Services; and, storage, order fulfilment and handling solutions via its strategically located network of distribution centres.
Commenting on the acquisition, Khalifa Sultan Al Suwaidi, vice-chairman of Abu Dhabi Ports and chief investment officer at ADQ, said that the move reflects ADQ?s role in stimulating economic development and growth through our logistics cluster while further strengthening Abu Dhabi Ports? strategic position as a leading provider of integrated port and industrial zone services, and a facilitator of global maritime trade and logistics.
Mohamed Juma Al Shamisi, Group CEO, Abu Dhabi Ports, added, ?The combined advantage of both organisations means that Abu Dhabi Ports will be able to compete on the regional and global stage as a provider of holistic logistics solutions, enhancing what we offer to both existing and prospective customers, while at the same time furthering our contribution to Abu Dhabi?s non-oil GDP and the government?s diversification efforts.?
According to Robert Sutton, head of Abu Dhabi Ports? logistics cluster, remarked, the expanded capacity is expected to deliver a wide spectrum of services across the entire supply chain has also opened doors for us to target new opportunities in segments that have been traditionally underserved, including FMCG and healthcare.
As the first logistics company to establish its presence in the Khalifa Industrial Zone Abu Dhabi (KIZAD), MICCO?s distribution centre includes several temperature-controlled warehousing services that are ideally suited for storing sensitive cargo for extended periods. The warehouse management systems and highly advanced GPS systems add to the technical excellence extended within the supply chain.