Chris T
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 contributing to the InterAmerican Development Bank's Workshop on Trade Facilitation and Customs Modernization

TTEK contributing to the InterAmerican Development Bank's Workshop on Trade Facilitation and Customs Modernization

We were in Washington DC May 24th to attend this important IDB workshop. The plan was to exchange and share knowledge on regional and extra-regional experiences, successes, and challenges facing border integration operations.  

There was a healthy discussion to identify dimensions and context that can contribute towards an overall program for the development and implementation of integrated border operations, trade facilitation, and customs Modernization.  TTEK makes a nice fit.  We're very happy to be taking part and adding value.

TTEK added to World Customs Organization's Technology Network

TTEK added to World Customs Organization's Technology Network

We are pleased to announce that TTEK is now included as part of the WCO's Technology Network (WCO TeN).  So what is the WCO TeN?

The WCO TeN is the only communication platform for Customs and other border agencies, technology companies, international organizations and relevant stakeholders to exchange...

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.