Asyad Group, Oman’s pioneering end-to-end global logistics provider, has acquired Skybridge Freight Solutions (SFS), a leading global freight forwarding company.
According to Industry sources, this landmark acquisition is the group’s first international acquisition in core logistics activities and marks a strategic move to significantly expand Asyad’s footprint through active operations in key trade hubs and the major economies of China, India, the USA, and the GCC, supported by unhindered access to SFS’ well-established, dynamic network that covers over 90 geographies across six continents.
Industry sources further confirmed that currently acquired by Asyad Group, SFS is a premier freight solutions provider offering leading freight forwarding services across air, sea, and land in addition to warehousing and distribution. The fast-growing company boasts a strong financial footing and caters to numerous major industries including food, energy, automotive, pharmaceuticals, and construction.
The firm already serves over 1,400 clients, including Fortune 500 and blue-chip companies, leveraging its longstanding relationships with global freight forwarding networks, government bodies, shipping lines, and airlines to carve a substantial competitive edge and open multiple avenues for growth.
Industry sources also further added that with this acquisition, Asyad’s key focus is to bolster its competitiveness in the global marketplace by magnifying its end-to-end capabilities in offering unparalleled multimodal logistics services to meet evolving customer needs. The impacts of the recent acquisition are far-reaching and will extend across the entire logistics ecosystem, with more capabilities in freight forwarding leading to advances in the supply chain, e-commerce, ports, and container lines.
Additionally, Asyad will now have active operations in key cargo-origin economies. As an outcome, the group – now leveraging SFS’ capabilities and network of associates – will reinforce its position as the partner of choice for international enterprises seeking comprehensive GCC logistics solutions under one integrated entity, setting itself apart by leveraging its advanced capabilities and Oman’s unique location and innate advantages.
Industry sources also confirmed that acquiring SFS plays a huge role in bolstering Oman’s connectivity with vital global trade routes. By unlocking new connections and boosting the existing ones with the world’s biggest markets, all logistics players will reap the benefits of unrestricted multimodal access and amplified trade opportunities resulting in higher volumes.
With these targeted initiatives, Asyad focuses on ultimately redrawing the global trade map. The SFS acquisition marks a significant milestone for the group and underlines its integrated logistics model that has consistently set new standards and trends in the logistics industry. The new addition is a critical step to pursuing Asyad’s portfolio diversification plans and upholding the group’s unwavering commitment to its clients of increasing global service coverage.
Industry sources finally confirmed that by integrating the capabilities and market access of SFS, Asyad’s flag will consistently make its way into prime global markets, opening new avenues for exponential growth and cementing the group’s position as a reliable global logistics powerhouse. With SFS now part of Asyad Group, the integrated logistics provider will take its bullish approach to global expansion forward with plans focused on long-term financial returns and an enhanced offering of globally competitive logistics solutions to trade communities around the world.
Both Asyad and SFS clients will experience the productiveness of this integration through improved reach and heightened service excellence, exemplified by multimodal freight forwarding solutions. Asyad will equip players in GCC markets with stronger connectivity to major cargo origin markets through SFS’ network of associate offices that covers key trade locations globally from China and India in the east to the United States and Europe in the west.
