Skip to Content

Asyad Expands its Operations into the Heart of Global Trade in China, India, US, the GCC by Acquiring Skybridge Freight Solutions

Transformative acquisition expands Asyad's footprint adding critical operational hubs across the world’s busiest markets, offering customers market access through Oman’s central location on the global trade map

 

  • Asyad Group’s first international acquisition in core logistics activities
  • Asyad expands into key cargo origin economies with active operations in China, India, Europe and the United States alongside the GCC
  • Access to a well-established, dynamic network in over 90 geographies across six continents
  • Integration of Skybridge's Freight Solutions (SFS) boosts Asyad's comprehensive end-to-end integrated logistics offerings
  • Latest acquisition aligned with Asyad’s expansion strategy to provide customers with unparalleled multimodal solutions and unrestricted access to global markets

 

Asyad Group, Oman's pioneering end-to-end global logistics provider, has acquired Skybridge Freight Solutions (SFS), a leading global freight forwarding company. The 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.

 

Now 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 a diverse array of major industries including food, energy, automotive, pharmaceuticals and construction. The company serves over 1,400 customers, 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.

 

With this acquisition, Asyad aims to bolster its competitiveness in the global marketplace by magnifying its end-to-end capabilities in providing 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 supply chain, e-commerce, ports and container lines.

 Air Freight _ Oman Air

Additionally, Asyad will now have active operations in key cargo origin economies. As a result, 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.

 

Acquiring SFS will play a significant role in bolstering Oman’s connectivity with vital global trade routes. By unlocking new connections and strengthening 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 moves, Asyad aims to ultimately redraw 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 pursue Asyad’s portfolio diversification plans and uphold the group’s unwavering commitment to its customers of increasing global service coverage.

 

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 future 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 customers will be the first to experience the returns 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 location around the world from China and India in the east to the United States and Europe in the west.

 

Asyad Group's year-over-year growth reflects a robust commercial mindset built around operational excellence and dynamic decision-making. In 2023, the group reported a 21% compound annual growth rate in revenue and 73% compound annual growth rate in profits, two record numbers in its history. The recent acquisition will further support Asyad’s ongoing streak of double-digit year-on-year growth by providing new opportunities and resources, ensuring sustained success and market leadership.

Other news

Oman Sail and ASYAD Group sign long-term partnership to promote sailing excellence and youth development in Oman

Oman Sail and the Asyad Group signed a partnership agreement, making ASYAD the Main Sponsor of the 14th edition of Mussanah Race Week in 2025. The signing took place during the closing ceremony of the 13th Mussanah Race Week at Mussanah Sailing School, that was attended by Abdulmalik Al Balushi, Asyad Group’s Chief People Officer, and Dr. Khamis Al Jabri, Oman Sail CEO. The agreement also includes Asyad sponsoring the Oman Sail Youth Program ILCA Class both locally and internationally.

Read more

ASYAD GROUP SIGNS STRATEGIC MOU WITH UZBEKISTAN’S MINISTRY OF INVESTMENT, INDUSTRY AND TRADE (MIIT) AIMING TO UNLOCK NEW MARKET OPPORTUNITIES IN CENTRAL ASIA

Positioning itself for strategic growth in Central Asia, Asyad Group signed a Memorandum of Understanding (MoU) with Uzbekistan’s Ministry of Investment, Industry, and Trade (MIIT).

Read more

Asyad Group Launches Construction of Muscat Airport Free Zone to Strengthen Oman’s Position as a Global Logistics Hub and Attract FDI

Asyad Group, Oman's global integrated logistics provider, has commenced the first phase of construction at the Muscat Airport Free Zone, a key project to enhance infrastructure and solidify the zone’s status as a global business hub for foreign direct investment.

Read more