en.Wedoany.com Reported - Oman's state-owned shipping and logistics group, Asyad, today completed the acquisition of UK freight forwarder Ligentia, with the specific transaction amount not publicly disclosed. This acquisition aims to strengthen Asyad Group's global logistics network and integrate Ligentia's technology platform, Ligentix, to enhance supply chain service capabilities.
Asyad Group described this acquisition as a significant milestone that will help accelerate its global expansion process. Group CEO Abdulrahman Al Hatmi stated, "This acquisition marks a decisive moment for Asyad Group. By integrating Ligentia's advanced digital capabilities and global network, we are accelerating our entry into key international markets and providing smarter logistics solutions for global customers."
Ligentia's business serves 6,000 clients worldwide across multiple sectors including retail, industrial, automotive, healthcare, and e-commerce. Its technology platform, Ligentix, is considered a key attraction of this acquisition. The platform offers real-time visibility, ERP integration, and predictive analytics capabilities, and will be promoted for use within Asyad Group. Ligentia Group CEO Dan Gill noted, "Joining Asyad opens a new chapter for Ligentia. This collaboration will help us accelerate growth while continuing to innovate our services."
According to data from S&P Global's CapitalIQ platform, Ligentia reported revenue of $190 million over the past 12 months and operates 76 offices across 24 countries. Asyad Group has seen significant business growth in recent years, with turnover increasing from $320 million in 2016 to an estimated annualized figure exceeding $2.1 billion currently. This acquisition represents another important move by Asyad in the freight forwarding sector, following its 2024 acquisition of Dubai-based Skybridge Freight Services, further expanding its global logistics network.
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