Abu Dhabi Sovereign Wealth Fund ADQ reported on Tuesday that it owns 58% of stake in ARAMEX logistics firm
Subject to the successful completion of the transaction, ADQ will hold a cumulative 58% stake in Aramex. This includes a 35.31% share acquired through the successful tender offer, which closed on 10 March 2025, as well as a 22.69% share owned by AD Ports Group. Aramex will be integrated into ADQ’s Transport & Logistics cluster, playing a key role in fulfilling ADQ’s mandate to build global business platforms focused on infrastructure and supply chains.
Following the successful completion, Q Logistics, a wholly-owned subsidiary of ADQ made the offer, marking a significant corporate takeover.
“We are delighted to welcome Aramex to ADQ’s portfolio, following the successful voluntary tender offer and subject to successful completion of the transaction, “said Mansour AlMulla, Deputy Group Chief Executive Officer at ADQ.
He continued, “Aramex will play a pivotal role within our Transport & Logistics cluster, which already includes industry leaders like AD Ports Group, Abu Dhabi Airports, Etihad Airways, and Etihad Rail. As the majority shareholder, we are committed to leveraging our proven expertise in transforming local companies into globally competitive market leaders, ensuring long-term growth and success for Aramex and all its stakeholders.”
As per the UAE SCA regulations, ADQ has the discretion to accept shares from shareholders who did not tender during the offer period until 3:00 pm (UAE time) on 24 March 2025 at the offer price of AED 3.00 per share. The final total number of tendered shares will be announced on 28 March 2025.