MUSCAT : The acquisition strengthens Asyad Group’s diversified asset portfolio and expanding international network, which now spans 24 countries and 76 cities worldwide.

The deal includes Ligentia’s advanced digital control and monitoring platform, which provides customers with real-time visibility, integration with resource planning systems, and predictive analytics. The platform is expected to enhance Asyad’s strategy of adopting advanced technologies to improve operational efficiency and service reliability.

This marks Asyad Group’s second international acquisition in less than two years, following its purchase of Skybridge Shipping Solutions in July 2024, reflecting an accelerated global expansion strategy targeting key trade hubs and major economies.

The acquisition represents a key milestone in Asyad’s ongoing efforts to strengthen its global presence and enhance Oman’s position as a leading international logistics gateway.

Since its establishment, the group has grown its revenues from RO 123 million (USD 320 million) in 2016 to an estimated annual level exceeding RO 800 million (USD 2.1 billion) in 2026, reflecting sustained growth driven by strategic investments, operational efficiency, and innovation.

The Asyad Shipping fleet has expanded from 52 vessels to more than 90, serving over 200 ports across 60 countries. The group has also broadened its portfolio across ports, free zones, logistics operations, and infrastructure assets, including the dry dock project and the Oman–UAE railway network project.

Engineer Abdulrahman bin Salem Al Hatmi, CEO of Asyad Group, said the acquisition marks a significant milestone in the company’s global logistics journey, strengthening its expansion strategy through the integration of Ligentia’s digital capabilities and international network with Asyad’s logistics ecosystem.

He told the Oman News Agency that the move reflects the group’s commitment to delivering smart, integrated logistics solutions that generate long-term value for clients and partners, while supporting Oman’s economic diversification objectives. He added that the acquisition will enhance connectivity between Omani ports and global trade routes, create opportunities for SMEs, support job creation for nationals, and increase trade flows through sea and air gateways, thereby expanding opportunities for the private sector to access international markets.

The acquisition is expected to significantly enhance Asyad’s competitiveness by adding more than 6,000 new business customers and strengthening its fourth-party logistics (4PL) capabilities. It will also leverage Ligentia’s expertise in sectors such as retail, automotive, manufacturing, and e-commerce, alongside advanced supply chain management solutions supported by digital technology and operational excellence.

A regional centre will be established in Muscat to monitor and analyse global supply chains, linking the Ligentia network with Oman’s advanced port infrastructure and supporting the attraction of new trade flows.

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