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AD Ports Group

AD Ports Group completes Tbilisi Dry Port acquisition to become Majority Owner

August 20, 2024
Reading Time: 2 minutes

Abu Dhabi, UAE/ Tbilisi, Georgia – 15 August 2024: AD Ports Group (ADX: ADPORTS), a leading facilitator of global trade, logistics, and industry, today announced the completion of the acquisition process of the Tbilisi Dry Port, which sees the Group become the majority owner with a 60% stake.

The state-of-the-art, rail-linked, and custom bonded intermodal logistics hub, in Georgia - scheduled to be operational in October 2024 - further strengthens the Group’s role in connecting Asia and Europe, via the Middle Trade Corridor, linking manufacturing centres in Western Asia to the . . .

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