EasyLease Acquires Majority Stake in Gallega Global Logistics, Expands into UAE Logistics Sector

ABU DHABI: EasyLease, a prominent UAE-based mobility solutions company and a subsidiary of International Holding Company (IHC), has acquired a 51 percent stake in Gallega Global Logistics, a subsidiary of Ghassan Aboud Group. This strategic acquisition marks EasyLease's entry into the logistics sector, integrating its technology-driven solutions with Gallega's extensive logistics infrastructure in the UAE. According to Emirates News Agency, EasyLease's acquisition includes a substantial 3.5 million square feet of state-of-the-art logistics infrastructure in Abu Dhabi, complemented by facilities in Dubai. This move is set to create a fully integrated mobility and logistics ecosystem, enhancing EasyLease's competitive edge and reaffirming its commitment to innovation and operational efficiency. Ahmad Al Sadah, CEO of EasyLease, emphasized the potential of this acquisition in capitalizing on the rapidly expanding UAE logistics sector and aligning with the UAE Industrial Strategy 2030. Gallega Global Logistics, renowned for its seamless supply chain services across various sectors, including automotive, industrial, FMCG, healthcare, and retail, serves over 100 countries globally. In 2023 alone, it handled vehicle volumes exceeding 130,000 units. Ghassan Aboud, Chairman of Ghassan Aboud Group, highlighted the strategic positioning the acquisition provides, leveraging a tech-driven and unified approach to drive innovation in the logistics and mobility sector across the MENA region. The acquisition also opens avenues for technological integration, with plans to employ Artificial Intelligence and Internet of Things systems to enhance efficiency and create scalable and sustainable logistics solutions. Both EasyLease and Gallega intend to invest in advanced mobility technologies and AI, setting new standards in the industry.