Photo: ALEX.CONTAINERS. SALE Facebook official page
The deal marks a major step in AD Ports Group’s expansion strategy in Egypt and reinforces its growing role as a regional logistics and trade hub.
The company said the investment supports its plans to facilitate trade flows across the East-West maritime corridor linking Asia, the Middle East, and Europe, while advancing Egypt’s wider goals for economic diversification and sustainable development.
The transaction is consistent with its strategy to enhance the value and competitiveness of its portfolio companies, generate long-term market impact, and redeploy capital toward high-potential investments in Egypt, SEIC noted.
SEIC, which invested in ALCN in August 2022, said the company achieved a 194 percent increase in total operating revenue between FY2022 and FY2025 following governance improvements, operational enhancements, and strategic repositioning.
Established in 1984 and listed on the Egyptian Exchange since 1995, ALCN operates two terminals in Alexandria and El-Dekheila with a combined capacity of 1.5 million TEUs, an annual throughput of 1.07 million TEUs, and a utilization rate of about 71 percent in FY2025.
The terminals provide direct multimodal connectivity via Egypt’s national rail network and serve leading global shipping lines.
For FY2025, ALCN reported EGP 8.37 billion ($168 million) in revenue and EGP 6.09 billion ($122 million) in adjusted EBITDA.
AD Ports Group stated that it financed the acquisition through a mix of existing cash and debt.
Mohamed Juma Al Shamisi, managing director and CEO of AD Ports Group, said the move expands the group’s operational footprint along one of the world’s key maritime routes and strengthens its long-term partnership with Egypt.
Muteb Al Shathri, acting CEO of SEIC, said the company remains committed to identifying strong investment opportunities in Egypt and building long-term partnerships that support growth in both the Egyptian and Saudi markets.
He noted that ALCN was among SEIC’s earliest investments, and that the company’s performance over the past two years reflects effective strategy, stronger governance, and resource optimization.
Al Shathri added that SEIC will channel proceeds from the sale into new investments in Egypt, reaffirming its confidence in the country as a resilient and attractive long-term investment destination.
In January this year, the Egyptian Holding Company for Maritime and Land Transport and AD Ports Group signed a memorandum of understanding (MoU) to develop and enhance the logistics area at Alexandria Port on the Mediterranean.
AD Ports Group, established by Emiri Decree and owned by Abu Dhabi Developmental Holding Company (ADQ), has grown through strategic partnerships and expansion.
It leads in trade, industrialization, and economic diversification across five integrated clusters: digital, economic cities and free zones, logistics, maritime and shipping, and ports.
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