Gulf Pinnacle Logistics ventures into UAE Logistics Sector by acquiring majority equity stakes in two companies in Jebel Ali Free Zone
10 February 15
Gulf Pinnacle Logistics, a logistics focused investments company advised by Al Masah Capital Limited, an alternative asset manager based in Dubai, acquired 75% equity stake in Abdul Muhsen Shipping and 87.5% in So-Safe Logistics, with a combined land area of 45,000 sq. meters, built-up warehouse area of 20,000 sq. meters and full-fledged logistics consolidation operation, uniting both JAFZ North and South prime locations into the Gulf Pinnacle Logistics platform.