• Navig8's presence in 15 cities will strengthen ADNOC L&S' position in energy maritime logistics, with full ownership planned by 2027 • Transaction adds Navig8's modern fleet of 32 tankers to ADNOC L&S' fleet and expands its service portfolio including commercial pooling and bunkering London, United Kingdom - 08 January 2025 Navig8 TopCo Holdings Inc. (Navig8 / the Company) today announced that it has been acquired by ADNOC Logistics and Services plc (ADNOC L&S) (ADX symbol: ADNOCLS / ISIN: AEE01268A239), a global leader in energy maritime logistics. Navig8 is an international shipping pool operator and commercial management company with a modern owned fleet of 32 tankers and a presence in 15 cities across five continents. The Navig8 Group also holds investments in technical management companies, a marine fuels provider operating in over a thousand ports worldwide, and other enterprises serving the marine sector. This deal represents a significant milestone for the Company, founded in 2007 as a private organisation by former traders Gary Brocklesby and Nicholas Busch. The acquisition is set to deliver value to both Navig8 and ADNOC L&S' clients and shareholders, fostering opportunities for commercial growth and entry into new markets. Nicolas Busch, CEO of Navig8, said: “We are excited to join forces with ADNOC L&S and the wider ADNOC Group. This achievement highlights the exceptional efforts of the Navig8 team over the past two decades, setting the Navig8 Group press release ![]() |