{"id":29346,"date":"2022-02-28T22:46:03","date_gmt":"2022-02-28T19:46:03","guid":{"rendered":"https:\/\/www.al-sindbad.net\/ad-ports-further-expands-its-offering-with-divetech-buy\/29346\/"},"modified":"2022-02-28T22:46:03","modified_gmt":"2022-02-28T19:46:03","slug":"ad-ports-further-expands-its-offering-with-divetech-buy","status":"publish","type":"post","link":"https:\/\/www.al-sindbad.net\/ad-ports-further-expands-its-offering-with-divetech-buy\/29346\/","title":{"rendered":"AD Ports further expands its offering with Divetech buy"},"content":{"rendered":"<p><\/p>\n<div class=\"entry-content entry clearfix\">\n<div class=\"mailmunch-forms-before-post\" style=\"display: none !important;\"><\/div>\n<p>Abu Dhabi-based ports and logistics giant AD Ports Group has acquired Divetech Marine Engineering Services, a compatriot topside and subsea solutions provider.<\/p>\n<p>AD Ports said the acquisition and integration of the company that offers a range of services, including installation, inspection, repair and maintenance for ports and other maritime organisations, will extend the range of services offered by the group\u2019s maritime cluster.<\/p>\n<p>\u201cThis acquisition provides a strong strategic fit for our existing portfolio of services and our plans for growth. Divetech is a leader in diving and marine services in the UAE, with a well-respected track record and diverse customer base. It has also delivered impressive top-line growth over the last three years,\u201d stated captain Maktoum Al Houqani, chief corporate authority officer and acting head of AD Ports\u2019 maritime cluster.<\/p>\n<div class=\"mailmunch-forms-in-post-middle\" style=\"display: none !important;\"><\/div>\n<p>The move adds to AD Ports\u2019 recent interest <span style=\"text-decoration: underline;\"><a href=\"https:\/\/splash247.com\/ad-ports-bolsters-its-diverse-portfolio\/\" target=\"_blank\" rel=\"noreferrer noopener\">purchases<\/a><\/span> in logistics firm Aramex and UAE-based contractor National Marine Dredging Company (NMDC). The 100% acquisition of Divetech will be fully funded from AD Ports\u2019 existing cash reserves.<\/p>\n<div class=\"mailmunch-forms-after-post\" style=\"display: none !important;\"><\/div>\n<div class=\"stream-item stream-item-below-post-content\">\n<div id=\"div-gpt-ad-1_95_0_1_2\"> <script>googletag.cmd.push(function() { googletag.display('div-gpt-ad-1_95_0_1_2'); });<\/script> <\/div>\n<\/div>\n<div class=\"post-bottom-meta post-bottom-tags post-tags-modern\">\n<div class=\"post-bottom-meta-title\">\n<span class=\"tie-icon-tags\" aria-hidden=\"true\"><\/span> Tags<\/div>\n<p><span class=\"tagcloud\"><a href=\"https:\/\/splash247.com\/tag\/united-arab-emirates\/\" rel=\"tag\">United Arab Emirates<\/a><\/span>\n<\/div>\n<\/div>\n<p>splash247<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Abu Dhabi-based ports and logistics giant AD Ports Group has acquired Divetech Marine Engineering Services, a compatriot topside and subsea solutions provider. AD Ports said the acquisition and integration of the company that offers a range of services, including installation, inspection, repair and maintenance for ports and other maritime organisations, will extend the range of &hellip;<\/p>\n","protected":false},"author":1,"featured_media":29347,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[59],"tags":[],"class_list":["post-29346","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-port-news"],"_links":{"self":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/29346","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/comments?post=29346"}],"version-history":[{"count":0,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/29346\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media\/29347"}],"wp:attachment":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media?parent=29346"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/categories?post=29346"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/tags?post=29346"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}