Growthgate Capital sells majority stake in Able Logistics (UAE) to Kerry Logistics Network (HK)
Growthgate Capital has sold its 70 per cent stake in Able Logistics Group to Kerry Freight Services (South Asia), a wholly owned subsidiary of Kerry Logistics Network, for USD32 million. Taking into account this transaction and prior dividends received, Growthgate Capital has realised a 3x return on its investment in

