Jun 22 2022
DHL Supply Chain Australia agrees to acquire the Glen Cameron Group
DHL Supply Chain, part of the Deutsche Post Group (DPDHL), is acquiring 100% of the Glen Cameron Group, an Australian logistics company specialising in road freight and contract logistics. The Glen Cameron Group operates a fleet of 1,000 trucks and trailers, and has more than 820 employees around Australia.
The strategic combination of the Glen Cameron Group with DHL Supply Chain will strengthen DHL’s position in the evolving Australian road freight market and create one of the largest logistics companies in the country with combined revenue of over AU$1 billion (670 Mio €).
“Given DHL Supply Chain’s continued outstanding performance, we strategically invest to further facilitate our accelerated growth, meeting our customers’ current and emerging needs. Therefore, I am delighted that we are acquiring this market leading transportation business in Australia, making us the clear provider of choice in a significant logistics market,” said Oscar de Bok, CEO, DHL Supply Chain.
“This acquisition signifies our commitment to grow the business in Australia, enhancing our service offering to provide the best solution to our customers. The supply chain is evolving quickly and with significant transport operational capability, we will be more agile, respond faster to changing demands, and continue to deliver on our promises,” said Terry Ryan, CEO, DHL Supply Chain, Asia Pacific.
“This is a unique opportunity for DHL Supply Chain to add additional high-quality transport services to our warehouse and transport solutions in Australia. We look forward to offering a fuller range of transport services to existing and new customers. DHL is well recognised for having a strong warehouse base and with this acquisition, we will be strengthening our offer with four services; Domestic Nationwide General Freight, Domestic Nationwide Express Freight, Specialised Services and Contract Logistics transport - with dedicated solutions for customers,” says Steve Thompsett, CEO, DHL Supply Chain Australia and New Zealand. Read more
Source: DHL