DHL Supply Chain has announced its plans to acquire 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 is set to “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 €)”.
Steve Thompsett, CEO of DHL Supply Chain Australia and New Zealand, said the acquisition will help increase DHL’s Australian footprint.
“This is a unique opportunity for DHL Supply Chain to add additional high-quality transport services to our warehouse and transport solutions in Australia,” Thompett said. We look forward to offering a fuller range of transport services to existing and new customers,” Thompsett said.
He continued that with the new deal, DHL will be strengthening its transport offering with four services; Domestic Nationwide General Freight, Domestic Nationwide Express Freight, Specialised Services and Contract Logistics transport – with dedicated solutions for customers.
“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,” Ryan 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.
“Since founding the Glen Cameron Group 47 years ago and over the last five decades, we have built a successful, diverse, and resilient business,” said Glen Cameron, Founder and Executive Chairman of the Glen Cameron Group.
“What began as one 8-tonne truck in 1975 has evolved to be one of Australia’s largest transport and logistic business. Together with DHL, we can take our business to the next level,” Cameron said.
The Glen Cameron Group is set to benefit from DHL’s 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,” Cameron said.
“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 concluded.
In Australia, DHL Supply Chain employs some 4,000 logistics professionals at its warehouses and transport operations.