# ADNOC L&S acquires Speedy Hire's UAE assets

ADNOC Logistics & Services has acquired all UAE-based assets of Speedy Hire PLC, including over 2,000 pieces of material handling equipment such as cranes and forklifts, to expand its offshore logistics operations.

- Type: Acquisition
- Announced: 2021-03-17
- Where: Mussafah, Abu Dhabi, United Arab Emirates
- Jobs: 600
- Status: completed
- Products: cranes, forklifts, fire trucks, material handling equipment
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [ADNOC Logistics & Services](https://endata.com/companies/10331.md) (acquirer)
- [Speedy Hire PLC](https://endata.com/companies/53875.md) (target)

## Sources

- [meconstructionnews.com](https://meconstructionnews.com/46721/adnoc-ls-expands-material-handling-capabilities-with-speedy-hire-acquisition), 2021-03-17: "The expansion plan we are pursuing is in line with ADNOC Group's 2030 growth strategy."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.