DHL Supply Chain Australia to acquire The Glen Cameron Group
DHL Supply Chain, part of the Deutsche Post Group, 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 1000 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.
“This acquisition signifies our commitment to grow the business in Australia, enhancing our service offering to provide the best solution to our customers,” said Terry Ryan, CEO, DHL Supply Chain, Asia Pacific.
“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.”
Steve Thompsett, CEO, DHL Supply Chain Australia and New Zealand, said the acquisition was an opportunity for DHL Supply Chain to add additional high-quality transport services to its 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,” he said.
The Glen Cameron Group is recognised 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.
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.