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Green Dome Investments

Industry News
Source: EnterpriseAM

Sisco-Backed GDI Completes SAR 230 Million Acquisition of UAE Cold-Chain Specialist Transcorp

Saudi-listed SISCO Holding announced that portfolio company Green Dome Investments has closed the 100% acquisition of Dubai-based Transcorp International for SAR 230 million (AED 225 million). The transaction was funded through equity from GDI shareholders, including approximately SAR 77 million from SISCO, marking the exit of Crescent Enterprises' CE-Ventures. Transcorp's UAE and Qatar operations will merge into GDI subsidiary Elite Co., creating a platform managing 1,500 vehicles and 27 warehouses across five GCC markets.

Industry News
Source: Gulf Business

Transcorp Founder Rodrigue Nacouzi Outlines UAE Logistics Automation and Investment Strategy

In an interview with Gulf Business, Transcorp founder Rodrigue Nacouzi discussed the economics of quick commerce, warehouse automation, and his investment strategy through Enablers Ventures. Nacouzi noted that Enablers Ventures completed six UAE partnerships over the past eight months targeting logistics software, quick commerce, and automation. He emphasized that sustainable quick commerce requires visibility into unit-level profitability, selective dark-store automation, and AI-assisted site evaluation.

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