{"id":85083,"date":"2025-03-12T00:00:00","date_gmt":"2025-03-12T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2025\/03\/12\/adq-secures-more-shares-in-aramex-following-a-voluntary-tender-offer\/"},"modified":"2025-03-12T00:00:00","modified_gmt":"2025-03-12T00:00:00","slug":"adq-secures-more-shares-in-aramex-following-a-voluntary-tender-offer","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2025\/03\/12\/adq-secures-more-shares-in-aramex-following-a-voluntary-tender-offer\/","title":{"rendered":"ADQ secures more shares in Aramex following a voluntary tender offer"},"content":{"rendered":"

<\/strong>ADQ becomes a majority shareholder in Aramex: <\/strong>Abu Dhabi sovereign wealth fund ADQ locked in an additional 35.31% stake in Aramex bringing the fund\u2019s total indirect ownership in the DFM-listed logistics giant to 58%, according to statements here<\/a> and here (pdf)<\/a>. The stake purchase \u2014 which is still pending completion \u2014 was made through ADQ\u2019s wholly-owned subsidiary Q Logistics Holding. <\/p>\n

What\u2019s next? <\/strong> While the offer period wrapped up earlier this week, ADQ is still accepting shares from holdouts at AED 3.00 apiece until Monday, 24 March, with the final tally of tendered offers due to be announced on Friday, 28 March.<\/p>\n

REFRESHER-<\/strong> Last month, Q Logistics Holdings launched a voluntary tender offer<\/a> to buy up all of Aramex\u2019s shares \u2014 excluding the 22.69% stake already held by ADQ shipping unit AD Ports \u2014 at AED 3 apiece, valuing the freight services firm at AED 4.4 bn. The offer price of the transaction represents an attractive valuation, reflecting a strong multiple of 9x enterprise value to EBITDA for the twelve months ending September 2024, and a multiple of 29x price-to-earnings ratio for the same period.<\/p>\n

Restructuring ahead:<\/strong> Aramex will be folded into ADQ\u2019s Transport & Logistics cluster, joining assets like AD Ports, Abu Dhabi Airports, Etihad Airways, and Etihad Rail, according to the fund\u2019s Deputy Group CEO Mansour AlMulla. The sovereign fund said it wants to transform Aramex into a globally competitive company in the freight services industry, but this is expected to be \u201ccomplex, capital intensive and to take time,\u201d according to the official bid document (pdf)<\/a>. <\/p>\n

ADVISORS- <\/strong>Rothschild is acting as financial adviser for Q Logistics, while EFG Hermes UAE<\/a>, International Securities and Emirates NBD capital serve as co-lead managers on the transaction. Clifford Chance was hired to provide counsel on the potential acquisition. Aramex tapped HSBC as its financial advisor for the potential takeover.<\/p>\n","protected":false},"excerpt":{"rendered":"

ADQ now holds an indirect 58% stake in Aramex<\/p>\n","protected":false},"author":1,"featured_media":85084,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[941],"tags":[274,154,203,137,129],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-85083","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ma-watch-2","tag-adq","tag-aramex","tag-last-mile-delivery","tag-ma-watch","tag-uae","wpautop","entry"],"acf":{"mongo_id":"4e00248c-94a8-4318-bda1-becd56d57095","order":"3","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/2\/976.jpg","photo_position":"above","homepage_title":"","full_issue_title":"ADQ secures more shares in Aramex following a voluntary tender offer","related_issue":[85078],"teaser":"ADQ now holds an indirect 58% stake in Aramex","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/3\/.7087361e-0942-46ed-a096-e40ef27d01e9.mp3"},"yoast_head":"\nADQ secures more shares in Aramex following a voluntary tender offer - Logistics<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/logistics\/2025\/03\/12\/adq-secures-more-shares-in-aramex-following-a-voluntary-tender-offer\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ADQ secures more shares in Aramex following a voluntary tender offer\" \/>\n<meta property=\"og:description\" content=\"ADQ now holds an indirect 58% stake in Aramex\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/logistics\/2025\/03\/12\/adq-secures-more-shares-in-aramex-following-a-voluntary-tender-offer\/\" \/>\n<meta property=\"og:site_name\" content=\"Logistics\" \/>\n<meta property=\"article:published_time\" content=\"2025-03-12T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/976.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2025\/03\/12\/adq-secures-more-shares-in-aramex-following-a-voluntary-tender-offer\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2025\/03\/12\/adq-secures-more-shares-in-aramex-following-a-voluntary-tender-offer\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"ADQ secures more shares in Aramex following a voluntary tender offer\",\"datePublished\":\"2025-03-12T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2025\/03\/12\/adq-secures-more-shares-in-aramex-following-a-voluntary-tender-offer\/\"},\"wordCount\":309,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2025\/03\/12\/adq-secures-more-shares-in-aramex-following-a-voluntary-tender-offer\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/976.jpg?fit=%2C&ssl=1\",\"keywords\":[\"ADQ\",\"Aramex\",\"last-mile delivery\",\"M&A WATCH\",\"UAE\"],\"articleSection\":[\"M&A Watch\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2025\/03\/12\/adq-secures-more-shares-in-aramex-following-a-voluntary-tender-offer\/\",\"url\":\"https:\/\/enterpriseam.com\/logistics\/2025\/03\/12\/adq-secures-more-shares-in-aramex-following-a-voluntary-tender-offer\/\",\"name\":\"ADQ secures more shares in Aramex following a voluntary tender offer - Logistics\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2025\/03\/12\/adq-secures-more-shares-in-aramex-following-a-voluntary-tender-offer\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2025\/03\/12\/adq-secures-more-shares-in-aramex-following-a-voluntary-tender-offer\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/976.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2025-03-12T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2025\/03\/12\/adq-secures-more-shares-in-aramex-following-a-voluntary-tender-offer\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/logistics\/2025\/03\/12\/adq-secures-more-shares-in-aramex-following-a-voluntary-tender-offer\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2025\/03\/12\/adq-secures-more-shares-in-aramex-following-a-voluntary-tender-offer\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/976.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/976.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2025\/03\/12\/adq-secures-more-shares-in-aramex-following-a-voluntary-tender-offer\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/logistics\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"ADQ secures more shares in Aramex following a voluntary tender offer\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#website\",\"url\":\"https:\/\/enterpriseam.com\/logistics\/\",\"name\":\"Logistics\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/logistics\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#organization\",\"name\":\"Logistics\",\"url\":\"https:\/\/enterpriseam.com\/logistics\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/29618.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/29618.svg\",\"caption\":\"Logistics\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/logistics\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"ADQ secures more shares in Aramex following a voluntary tender offer - Logistics","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/logistics\/2025\/03\/12\/adq-secures-more-shares-in-aramex-following-a-voluntary-tender-offer\/","og_locale":"en_US","og_type":"article","og_title":"ADQ secures more shares in Aramex following a voluntary tender offer","og_description":"ADQ now holds an indirect 58% stake in Aramex","og_url":"https:\/\/enterpriseam.com\/logistics\/2025\/03\/12\/adq-secures-more-shares-in-aramex-following-a-voluntary-tender-offer\/","og_site_name":"Logistics","article_published_time":"2025-03-12T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2025\/2\/976.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/logistics\/2025\/03\/12\/adq-secures-more-shares-in-aramex-following-a-voluntary-tender-offer\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/logistics\/2025\/03\/12\/adq-secures-more-shares-in-aramex-following-a-voluntary-tender-offer\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/logistics\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"ADQ secures more shares in Aramex following a voluntary tender offer","datePublished":"2025-03-12T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/logistics\/2025\/03\/12\/adq-secures-more-shares-in-aramex-following-a-voluntary-tender-offer\/"},"wordCount":309,"publisher":{"@id":"https:\/\/enterpriseam.com\/logistics\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/logistics\/2025\/03\/12\/adq-secures-more-shares-in-aramex-following-a-voluntary-tender-offer\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/2\/976.jpg?fit=%2C&ssl=1","keywords":["ADQ","Aramex","last-mile delivery","M&A WATCH","UAE"],"articleSection":["M&A Watch"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/logistics\/2025\/03\/12\/adq-secures-more-shares-in-aramex-following-a-voluntary-tender-offer\/","url":"https:\/\/enterpriseam.com\/logistics\/2025\/03\/12\/adq-secures-more-shares-in-aramex-following-a-voluntary-tender-offer\/","name":"ADQ secures more shares in Aramex following a voluntary tender offer - Logistics","isPartOf":{"@id":"https:\/\/enterpriseam.com\/logistics\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/logistics\/2025\/03\/12\/adq-secures-more-shares-in-aramex-following-a-voluntary-tender-offer\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/logistics\/2025\/03\/12\/adq-secures-more-shares-in-aramex-following-a-voluntary-tender-offer\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/2\/976.jpg?fit=%2C&ssl=1","datePublished":"2025-03-12T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/logistics\/2025\/03\/12\/adq-secures-more-shares-in-aramex-following-a-voluntary-tender-offer\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/logistics\/2025\/03\/12\/adq-secures-more-shares-in-aramex-following-a-voluntary-tender-offer\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/logistics\/2025\/03\/12\/adq-secures-more-shares-in-aramex-following-a-voluntary-tender-offer\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2025\/2\/976.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/2\/976.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/logistics\/2025\/03\/12\/adq-secures-more-shares-in-aramex-following-a-voluntary-tender-offer\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/logistics\/"},{"@type":"ListItem","position":2,"name":"ADQ secures more shares in Aramex following a voluntary tender offer"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/logistics\/#website","url":"https:\/\/enterpriseam.com\/logistics\/","name":"Logistics","description":"","publisher":{"@id":"https:\/\/enterpriseam.com\/logistics\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/logistics\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/logistics\/#organization","name":"Logistics","url":"https:\/\/enterpriseam.com\/logistics\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/logistics\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/29618.svg","contentUrl":"https:\/\/ent.news\/internal\/29618.svg","caption":"Logistics"},"image":{"@id":"https:\/\/enterpriseam.com\/logistics\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/logistics\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/logistics\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2025\/2\/976.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2025\/2\/976.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/logistics\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2025\/2\/976.jpg?fit=%2C&ssl=1","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/posts\/85083","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/comments?post=85083"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/posts\/85083\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/issue\/85078"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/media\/85084"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/media?parent=85083"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/categories?post=85083"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/tags?post=85083"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/brand?post=85083"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=85083"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}