Abu Dhabi Ports acquire MICCO Logistics to help expand operations

  • Date: 28-Sep-2020
  • Source: Gulf Business
  • Sector:Technology
  • Country:UAE
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Abu Dhabi Ports acquire MICCO Logistics to help expand operations

Abu Dhabi Ports, part of the ADQ holding company, has acquired MICCO Logistics, it confirmed on Sunday.

Founded in 1978, MICCO Logistics is 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, Abu Dhabi Ports said in a press statement.

MICCO's ground fleet comprises of more than 350 vehicles and over 350,000 square metres of logistics space, while its 11 logistics facilities across the GCC include 1,500 associates.

The acquisition and added capacity will enable Abu Dhabi Ports to manage all customer touchpoints including sourcing and purchase order management, airline road feeder services, storage order fulfilment and handling solutions, international freight handling through project, commercial and contract logistics, as well as customs