Current owners of Freightmarket.com is pleased to announce that we have sold the Business and its current assets to a new owner for 403.7 Million AED / Dhs.
With effect from 2nd Quarter of 2024., freightmarket.com will be operated by a new owner. The new owners have agreed to take over the website and its assets in a swap of Cash and equity in the new company for the former owners totaling 403.7 Million AED / DHS.
The new owners will call Singapore as the Home of the operation subject to regulatory approval. The website will offer both a combination of marketplace and live FCL booking . The new owners have already entered into talks with major alliance operators and shipping line to provide a first class FCL rates comparison website with instant booking.
The deal was brokered by the Australian Broker : SDBC Partners.