Dana Murray
AD Ports Group’s Maqta Gateway Acquires TTEK ...

Abu Dhabi, UAE – 24 April 2023: Maqta Gateway, AD Ports Group’s (ADX: ADPORTS) digital arm, today announced the acquisition of TTEK Inc, a developer of border control solutions and customs systems, to reinforce its market position as a leading digital trade and holistic Single Window solution provider.

The total purchase consideration for the acquisition (Enterprise Value) of 100% ownership amounts to USD26.7 million with an upfront payment of USD17.1 million. The acquisition will extend Maqta Gateway’s existing digital trade solutions portfolio by incorporating border optimisation management solutions, which utilise disruptive technologies such as artificial intelligence, machine learning and advanced risk analytics.

AD Ports Group’s Maqta Gateway Acquires TTEK Inc.

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TTEK at the CCLEC Annual Conference ​this week

TTEK at the CCLEC Annual Conference ​this week

We were so happy to be invited to this year's annual Caribbean Customs Law Enforcement Council's (CCLEC) Annual Conference.  Today TTEK was asked to contribute to a workshop on "Customs Rightful Place and Role in the National Border and Security Architecture".

Facilitated by members from the Netherlands and Canada (by friends Steve Edgerton and Rob Van Kuik),  a great discussion ensued from CCLEC representatives from Jamaica, Monseratt, Turks and Caicos, and the Cayman Islands and more.  Great progress was made on multi-lateral interoperability.