EZW acquires Gazeley

EZW is a large and growing operator and developer of ‘economic zones’ globally. It developed and operates the 48 km2 Jebel Ali Free Zone of integrated logistics and distribution facilities adjacent to Jebel Ali Port in Dubai. EZW has acquired Gazeley to further expand its collective reach into international markets. Gazeley will provide EZW with successful and established operations in the UK and Europe, as well as additional growth opportunities in emerging markets including China, India and Mexico. Gazeley also brings proven management expertise into EZW.

The acquisition was driven by EZW’s customer-centric strategy for global growth and the Company’s desire to strengthen its penetration of global markets through Gazeley’s complementary fit. Gazeley’s established international platform, proven development capabilities, long-standing customer relationships and strong management team will bring strategic benefits to Economic Zones World. EZW intends to leverage existing relationships within the group to explore new markets and regions, further supporting EZW’s overall commitment to expand globally and to deliver a robust global platform to support and enhance the supply chains of international customers.

Gazeley’s customers include many of the world’s largest companies, third-party logistics providers, manufacturers, retailers and their suppliers. Gazeley is also a preferred developer of distribution space for Wal-Mart International, including Asda in the UK and Wal-Mart. An integration team will determine the best approach for combining the two businesses while retaining and developing the current and highly successful management teams. The partnership will see all existing employees retained as EZW seeks to expand and grow its operations globally and to capitalise on the skills and experience brought by the Gazeley team.

The transaction is subject to the receipt of European regulatory approval and is expected to complete during July.