Abu Dhabi Ports has acquired a logistics provider as part of its move towards providing supply chain logistics solutions.
MICCO Logistics will be integrated into Abu Dhabi Ports Logistics, which will leverage MICCO’s experience and capabilities as the emirate’s first provider of end-to-end logistics solutions. DP World is also currently making strides into its supply chain strategy.
Captain Mohamed Juma Al Shamisi, Group CEO at Abu Dhabi Ports, part of ADQ, 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.”
Founded in 1978, MICCO Logistics was one of the first local freight forwarders established in Abu Dhabi and one of the first businesses to offer consolidated freight services to the emirate’s oil and gas industry.
MICCO’s logistics solutions include freight management in project, contract, and commercial logistics, multi-modal transport, warehousing and distribution, stevedoring, as well as road feeder services for the aviation segment.
Abu Dhabi Ports said its enhanced logistics portfolio will enable it to remain a major provider of logistics services for the energy sector, while expanding into other sectors including retail, e-fulfilment, FMCG and pharmaceutical/healthcare.