Riyadh - Mubasher: Green Dome Investments (GDI), a portfolio company of Sustainable Infrastructure Holding Company (SISCO Holding), has signed an agreement to acquire 100% of  UAE-based Transcorp International for AED 225 million (SAR 229.75 million).

The acquisition, which is subject to customary closing conditions, will be financed through equity provided by GDI’s shareholders, according to a press release.

Expected to be completed in the fourth quarter (Q4) of 2025, the transaction will expand GDI’s services and customer base and strengthen its regional presence. It will consolidate UAE and Qatar operations and streamline processes to enhance service quality.

SISCO Holding’s share of the total purchase price will stand at AED 75 million (SAR 76.58 million). In this regard, the deal is anticipated to have a positive financial impact on both GDI and SISCO Holding.

Saleh Hefni, Managing Director at SISCO Holding, said: “This acquisition is a pivotal step in our ambition to create a world-class regional logistics ecosystem covering the full logistics value chain.”

“By integrating Transcorp into GDI’s operations, we are expanding our service offering, strengthening our regional footprint, and positioning ourselves at the forefront of cold chain innovation,’’ he added.

Hisham Albahar, Managing Director of GDI, concluded: “The synergies unlocked by consolidating operations across the UAE and Qatar, combined with our new presence in Saudi Arabia, will allow us to achieve greater efficiency and deliver superior value to our customers.”

Transcorp’s current owner will remain with the company to support its growth alongside GDI.

PwC and Addleshaw Goddard advised Transcorp, while FTI and Support Legal advised Elite Holding.

Founded in 2013, Transcorp International provides cold-chain logistics, including warehousing, transportation, and last-mile delivery for temperature-sensitive and dry goods.

The company operates in 50 cities across the UAE, Saudi Arabia, and Qatar, employing over 1,000 professionals.

In 2024, its revenues jumped to AED 109.40 million from AED 75.8 million a year earlier.

Earlier this month, SISCO Holding signed a sale and purchase agreement to acquire a 51% stake in Port Services & Storage Company (PSS) for up to SAR 132 million.