SAL Logistics acquisition strengthens the Saudi firm’s global presence. SAL Logistics Services Company signed a SR123 million deal to acquire Aviapartner Liège SA fully from its Belgian owners.
The cash transaction totals €28 million, roughly $32.8 million. SAL buys 100 percent ownership on a cash-free, debt-free basis. The firm will use its own funds to complete the purchase. Closing depends on regulatory nods and standard checks.
Aviapartner Liège operates from Belgium’s Liège Airport, a busy European cargo spot. It handles ground services and air freight for clients across 75 airports in Europe and Africa. In 2023, it earned €24.7 million. Revenue climbed to €28.6 million in 2024, then dipped slightly to €24.3 million in 2025.
Why It Matters
This SAL Logistics acquisition gives the company its first base in Europe. Liège Airport moves millions of tons of cargo yearly, serving big airlines and shippers. SAL now runs operations there directly, linking Saudi logistics to key European routes.
SAL, listed on the Saudi Exchange, focuses on freight forwarding, warehousing, and air services. The deal fits its plan to grow beyond the Middle East. It adds skilled teams, modern equipment, and steady client contracts to SAL’s network.
Benefits for SAL
SAL gains quick access to Europe’s mature aviation market. Aviapartner Liège brings strong ties with cargo carriers and forwarders. This setup lets SAL handle more shipments end-to-end, from Saudi hubs to European doors.
The move boosts SAL’s revenue mix with high-volume cargo work. Experts see room for cost savings through shared tech and processes. SAL leaders expect faster growth in international freight volumes.
Liège Airport Edge
Liège stands out as a top cargo gateway. It skips passenger crowds, focusing purely on freight. Major players like FedEx and UPS base operations there. SAL taps into this flow, handling everything from perishables to electronics.
Saudi firms like SAL push overseas amid Vision 2030 goals. This deal shows logistics players chasing global scale. It creates jobs at Liège and opens doors for Saudi-European trade ties. Airlines win from smoother handling chains. SAL readies for a bigger role in world cargo flows
