Abu Dhabi Ports has acquired MICCO Logistics as it continues to diversify its operations and enhance the emirate’s rank as an international hub for trade and logistics.
In a statement Abu Dhabi Ports said the integration of MICCO into Abu Dhabi Ports Logistics, it main logistics arms, will distinguish it from its competitors. The company said Abu Dhabi Ports Logistics will leverage MICCO’s experience and capabilities as the emirate’s first provider of end-to-end logistics solutions.
The company said that MICCO’s “international and regional logistics solutions, large and diversified transportation fleet, and network of temperature-controlled warehouses” will put it in a unique position to serve its customers along every segment of the supply chain.
The added capacity enables 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.
Abu Dhabi Ports’ enhanced logistics portfolio will ensure that it remains the leading provider of logistics services for the energy sector, while at the same time it expands its value offer to other strategic sectors including retail, e-fulfilment, FMCG and pharmaceutical/healthcare.
Captain Mohamed Juma Al Shamisi, Group CEO, Abu Dhabi Ports, said: “The acquisition of MICCO is a critical step in our emirate’s journey to establish itself as a leading hub within the global trade and supply chains.
“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.”
Robert Sutton, Head of Abu Dhabi Ports Logistics Cluster, also commented said: “Aligning directly with Abu Dhabi Ports’ growth strategy, the integration of MICCO has enabled us as an organisation to both enhance our service offering, while also meet the needs of a broader global market.
“Our greatly expanded capacity 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. With the addition of MICCO, we are truly connecting the world with the Gulf and beyond.”