Texas-based Emergent Cold has announced the acquisition of the Montague Cold Storage facilities in Melbourne. According to Emergent Gold, this acquisition complements its broader strategy of acquiring and developing a global network of cold chain businesses. Montagues was founded in 1948, by William (Bill) Montague OAM by purchasing a carting operation that turned the Montague … Continue reading Emergent Cold acquires Melbourne-based Montague Cold Storage
Volkswagen Financial Services is further expanding with the 60 per cent acquisition of Fleet Logistics, Europe’s largest fleet management company operating in more than 70 countries. According to Volkswagen, the goal is to create a complete range of products and services for the customer in which travel and fleet management are combined. The completion of … Continue reading Volkswagen moves further into logistics market with acquisition
DP World has announced that it has acquired an additional stake in DP World Australia from Gateway Infrastructure Investments and other financial investors. DP World Australia is now at an enterprise value of approximately A$ 1.4 billion. The acquisition is subject to regulatory approval and is expected to close in 1Q2019. Following the closure of … Continue reading DP World increases stake in DP World Australia
The Quick Group has entered into an agreement to be acquired by Kuehne + Nagel, a global logistics company operating in airfreight, seafreight, contract logistics, and overland businesses. Quick will continue to offer tailor-made solutions to all the industries they serve and will operate as independent specialised product brands: Sterling Aviation, QuickSTAT, Quick Healthcare, and Quick … Continue reading Kuehne + Nagel to acquire the Quick Group
SEKO Logistics is partnering with ShipStation to increase its eCommerce merchants’ ability to grow in new cross-border markets. ShipStation helps eCommerce retailers import, organise, process and ship their orders quickly and easily from any web browser. “We’re excited by the opportunity to partner with ShipStation and to be combining our respective strengths to open up … Continue reading SEKO Logistics partners with ShipStation
Freelancing and crowdsourcing marketplace Freelancer has acquired Channel 40, an enterprise marketplace connecting freight owners and transport operators. Simultaneously with the acquisition, the company announced the launch of Freightlancer, a global marketplace for freight, shipping & transportation spanning from complex enterprise haulage to consumer metro deliveries, powered by the world’s largest human labour cloud of over … Continue reading Freelancer enters freight and logistics market with acquisition
After more than 11-months of construction, Toyota Australia has officially opened its largest and newest parts warehouse in Western Sydney. The Toyota Parts Centre NSW (TPC) is located on a 6.4 hectare site close to a network of motorways and major arterial roads at Kemps Creek, New South Wales. The TPC will house more than … Continue reading Toyota Australia opens new warehouse in Sydney
The Qube acquisition of Melbourne Container Services (MCS) has hit a snag with the Australian Competition and Consumer Commission formally questioning the deal, The Australian has reported. MCS operates shipping container import and export handling, empty container storage and road and rail transport services in Sydney. The acquisition occurred in late December 2017 and has been completed. … Continue reading ACCC questions Qube acquisition
Family-owned equipment hire group, Kennards Hire, is expanding its branch network in the northwest of Australia, with three new branches in Western Australia and the Northern Territory. Having recently acquired CAPS Hire, the Kennards Hire network has expanded to include Broome and Kununurra in Western Australia. In the Northern Territory, the acquisition has enabled the … Continue reading Kennards Hire expands branch network in WA and NT
In an interview with The Nikkei Review’s Fumito Akiyama, Japan Post Holdings President Masatsugu Nagato noted that avoidable mistakes were made when acquiring Toll Group in 2015, adding that the first step in Japan Post’s future strategy for the Australian logistics company will involve spending cuts. “I believe we did make appropriate efforts to integrate … Continue reading Japan Post President comments on “careless” Toll takeover
Dorner Holding Corp., the parent company of Dorner Mfg., has announced the acquisition of Penang, Malaysia-based FlexMove, a leading manufacturer of flexible chain conveyors for food, beverage, automotive, electronic and other industries.
Brambles Limited announces the acquisition of Renta Pack S.A., Chile’s leading provider of reusable plastic crate (RPC) pooling services.
Dematic Group announces the acquisition of FSU Investments Limited, which holds a majority stake in SDI Group Limited (SDI Group Europe).
Adapt-A-Lift Forklift Rentals and Sales has acquired Wholesale Materials Handling, formerly Nichiyu Forklifts Australia.
Victoria based K&S Corporation, the leading Australian transport logistics and supply chain group, has announced that it will acquire the business and assets of the Bunbury-based Collare Transport.
Automotive Holdings Group (AHG), Australia’s largest automotive retailer, has acquired Iveco Trucks Australia’s Newcastle dealership.