Aramex, a company listed on the Dubai Financial Market, has announced the acquisition of all shares in Hawthorn Logistics Solutions Limited, an Ireland-based logistics and shipping support firm.
In its statement, Aramex disclosed that the total value of the transaction stands at €2.5 million (approximately AED 10.4 million), with the possibility of an additional payment of up to €1.75 million based on the adjustments and payment terms outlined in the share purchase agreement.
The financing for this deal will be entirely sourced from its own assets. The initial payment to sellers was made at the closing date, while any potential additional payments will occur at a future date per the agreed conditions.
This acquisition aligns with Aramex’s strategy to broaden its cross-border operations and strengthen its presence within the shipping sector, with financial impact anticipated to be reflected in the first quarter results of 2026. The base deal is valued at €2.5 million, alongside the potential for an extra €1.75 million, dependent on certain adjustments and payment terms specified in the share purchase agreement.
Upon completion of the acquisition, Aramex will hold full ownership of the target company. This transaction is in line with Aramex’s strategic objectives aimed at expanding cross-border operations and enhancing its footprint in the logistics industry.
It is expected that the partnership will yield various benefits for both parties, including operational integration, improved efficiency, and the creation of new business collaboration opportunities.