The Middle Eastern port and logistics group AD Ports has signed a an agreement to acquire the entire share capital of the company of MBS Logistics, which last year recorded a turnover of 205 million euros and has a network of 26 offices in and a team of more than 450 people. The operation will cover the shipping and logistics activities of MBS Logistics in Germany, Switzerland, Asia Pacific and the United States, for example exclusion of joint ventures. The improvement of the transaction, which is subject to customary approvals regulatory and other closure conditions, is provided for the second half of this year. Following the completion, MBS Logistics will become part of Noatum Logistics, the integrated platform that leads the logistics cluster of AD Ports.

Founded in 1987 and headquartered in Cologne, MBS Logistics operates mainly shipping services in the air, sea, road and rail sectors, as well as in the contract logistics, project cargo, customs and compliance services and multimodal solutions for urgent shipments. The company serves a wide range of industries, including aerospace, automotive, e-commerce, engineering, technology, of consumer goods, health and many others.

The current shareholders of MBS Logistics will exit the business operating with the exception of Joerg Roehl, Chief Executive Officer and shareholder of the company that will continue to hold the role of CEO of MBS Logistics and will be part of the team management team of Noatum Logistics.