ADQ to Become Majority Shareholder in Aramex After Successful Voluntary Tender Offer

ADQ, an active sovereign investor with a focus on critical infrastructure and global supply chains, has announced a successful voluntary tender offer for Aramex PJSC submitted by its wholly-owned indirect subsidiary Q Logistics Holding LLC.

ADQ will become the majority shareholder in Aramex, subject to successful completion of the transaction, with cumulative ownership of 58% of shares achieved, including those already owned by AD Ports Group, in which ADQ holds a majority stake.

Mansour AlMulla, Deputy Group Chief Executive Officer at ADQ, commented: “We are delighted to welcome Aramex to ADQ’s portfolio, following the successful voluntary tender offer and subject to successful completion of the transaction.

"Aramex will be an integral component of our Transport & Logistics cluster which already includes leading companies such as AD Ports Group, Abu Dhabi Airports, Etihad Airways, and Etihad Rail.

"As the majority shareholder in Aramex, we have plans to leverage our extensive track record of growing local companies into globally competitive market leaders for the benefit of Aramex and all its stakeholders.”

As per SCA regulations, ADQ has discretion to accept shares from shareholders who did not tender during the offer period until 3:00pm (UAE time) on 24 March 2025 at the offer price of AED 3.00 per share. The final total number of tendered shares will be announced on 28 March 2025.

Read More: Aramex Delivers Double-Digit Topline Performance for 2024