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Strategic acquisition in contract distribution and interstate transport
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Transport and freight solutions complement DHL Supply Chain’s portfolio across all states and territories in Australia
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Deal in line with Deutsche Post DHL Group’s strategic focus to boost its core logistics business and deliver long-term growth
DHL Supply Chain, part of the Deutsche Post Group (DPDHL), is acquiring 100% of Glen Cameron Group, an Australian logistics company specializing in road freight and contract logistics.
Glen Cameron Group operates a fleet of 1,000 trucks and trailers, and has more than 800 employees around Australia.
The strategic combination of 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,” said Oscar de Bok, DHL Supply Chain, in a statement.
“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.”
Terry Ryan, DHL Supply Chain Asia Pacific chief executive, said the acquisition signifies DHL’s commitment to grow the business in Australia, enhancing its service offering to provide the best solution to its 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 Ryan.
Steve Thompsett, CEO of DHL Supply Chain Australia and New Zealand, said: “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.”
Glen Cameron Group is recognized as a leader in freight and contract logistics and DHL will benefit from the expertise of the Cameron Logistics’ team in the consumer and grocery sectors.
Glen Cameron, founder and executive chairman of Glen Cameron Group, said since founding the group 47 years ago and over the last five decades “we have built a successful, diverse, and resilient business. What began as one 8-ton truck in 1975 has evolved into one of Australia’s largest transport and logistics business. Together with DHL, we can take our business to the next level.”
The Glen Cameron Group will benefit from DHL’s large-scale network in over 220 countries and global forwarding expertise in air, ocean and road freight to ensure strong development opportunities for the business, its customers, and its employees.
“I’m excited to see the Glen Cameron Group join with DHL. Together, we can increase our footprint and become one of the largest transport and logistics businesses in this country,” said Cameron.
“With the backing of a highly successful global corporate business, we have an opportunity to invest in growth and open new opportunities for our employees, and this marks an important milestone to continue an important legacy in the Australian transportation industry,” he said.
