ADQ Completes Acquisition of Aramex

Abu Dhabi Developmental Holding Company (ADQ), an active sovereign investor focused on critical infrastructure and global supply chains, on Tuesday announced that the voluntary tender offer for Aramex, submitted by its wholly owned indirect subsidiary Q Logistics Holding, has become unconditional.

ADQ will become the majority shareholder in Aramex, with an ownership of 63.16% of shares when combined with the shareholding held by AD Ports Group, in which ADQ holds a majority stake. Aramex shareholders was offered $0.82 per share to sell their holdings.

This follows the receipt of all required antitrust and foreign direct investment regulatory approvals, as well as statutory exemptions and waivers from relevant governmental authorities within and outside the UAE, along with the satisfaction (or waiver) of all other conditions to the offer.

The acquisition of a controlling stake in Aramex strengthens ADQ’s position in the services layer of the logistics ecosystem, which includes express delivery, freight forwarding, third-party logistics, and warehousing. These functions are critical to enabling seamless trade flows and linking transport infrastructure to end users.

With operations in over 65 countries, a leading trucking network in the GCC, and 800,000 sq. m. of global warehousing, Aramex brings scale, capabilities, and geographic reach. Its integration into ADQ’s portfolio accelerates the development of a fully integrated, multimodal logistics platform that supports regional trade and economic growth.

Strategic Step

Mansour AlMulla, Deputy Group CEO of ADQ, said that ADQ’s majority shareholding in Aramex marks a strategic step toward advancing their vision to build a globally integrated logistics platform anchored in the UAE.

He said that Aramex brings strong capabilities and operational depth that complement ADQ’s existing investments across air, sea, and land infrastructure.

“The addition of Aramex enhances the services layer of the logistics value chain and supports the development of end-to-end trade and supply chain solutions. We believe Aramex is well positioned to unlock long-term value through greater integration with ADQ’s broader portfolio, and we are confident in its ability to deliver sustainable growth,” he added.

Aramex will become part of ADQ’s Transport & Logistics cluster, which plays a central role in advancing multimodal connectivity and reinforcing Abu Dhabi’s position as a global transport and logistics hub.

It is expected that payment of consideration to Aramex shareholders and the registration of the Aramex shares in the name of the Offeror will take place on 25 July 2025.

It may be recalled that Aramex received a notification from Q Logistics Holding in January this year, regarding its intention to submit a voluntary conditional cash offer to acquire up to 100% of the issued and paid-up share capital of Aramex not already held by Abu Dhabi Ports Company.