Tristar Transport announces plan to float IPO
DUBAI, 3 hours, 48 minutes
ago
Tristar Transport, a leading global integrated liquid logistics solutions provider headquartered in Dubai, UAE, has announced its intention to proceed with an initial public offering (IPO) on the Dubai Financial Market (DFM).
Established in 1998 as a road transport service provider for the petroleum industry in the UAE, Tristar has evolved into a leading integrated energy logistics company serving a diversified customer base of "blue-chip" investment grade companies. The Group has operations in 21 countries and territories across three continents and has over 2,000 road transport assets and 35 maritime vessels, including the operation of 69 fuel farms and over 100 remote fuel sites, providing a wide spectrum of integrated service offerings.