ABLE LOGISTICS GROUP
BUSINESS DESCRIPTION:
Able Logistics Group (“Able”) is an integrated logistics services group, with 3 main business units: freight forwarding, land transport and warehousing logistics. Able operates in the UAE, Hong Kong, China, Saudi Arabia, Qatar, Oman, Sudan, Iraq, Afghanistan and East Africa.
GROUP ENTITIES:
Able Logistics Group, FZCO (UAE), E-Freight LLC (UAE), Able Management (Hong Kong), Able Transport DWC (UAE) and Able Logistics (Jebel Ali).
EXIT UPDATE:
On December 30th 2014, Growthgate Capital announced the sale of its stake in Able to Kerry Freight Services (South Asia) Pte. Ltd., a wholly owned subsidiary of Kerry Logistics Network
CONTACT DETAILS:
PORTFOLIO:
ABLE LOGISITCS GROUP
Dubai, UAE
STATUS:
Exited
ENTRY YEAR:
April 2007
SECTOR:
Logistics & Transport
INVESTMENT:
Equity – Majority Shareholder
