Mondiale VGL extends South-East Asia presence with Interunion acquisition
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An international footprint has expanded further for Mondiale VGL, with the recent acquisition of Interunion, a leading provider of air, sea and land transportation, warehousing, logistics and domestic transportation in Southeast Asia.
The acquisition takes the company a step further towards its strategy of building a global supply operation with its roots in the Asia Pacific region.
“We have partnered with Interunion since 2012, so this felt like a logical and natural step for us to take. We’re excited about bringing our companies closer together and believe it will enhance opportunities for the customers of both organisations to access more markets via high-quality freight and logistics services both in Southeast Asia via Interunion’s network and globally with Mondiale VGL,” said Group CEO of Mondiale VGL, Ray Meade.
With 110 employees working in Singapore, Indonesia, Malaysia, Thailand and Vietnam branches, the acquisition strengthens Mondiale VGL’s presence and service offering in these rapidly growing and dynamic markets.
“The geographies that Interunion services are proliferating, particularly as businesses are increasingly diversifying their sourcing and supply chain operations into the markets of Southeast Asia. With this acquisition, we see a fantastic opportunity to expand further the high-quality freight forwarding services we offer to our customers in this part of the world,” Meade said.
Maintaining a focus on valued people and customer relationships
For both organisations, people and customers take centre stage.
“We share similar values and ambitions when it comes to how we support our people and our customers,” said Mr Meade.
“It was important to us that the transition into our new company structure reflects this. The Interunion brand is strong, so we will retain this with some updates to reflect the company’s status as a division of Mondiale VGL, and the existing team, service offering, and branch network will remain the same.”
Mr Meade said there are exciting opportunities for the customers of each company to leverage the combined global network and realise the benefits of the expanded reach of the high-quality service they are accustomed to.
“We believe working more closely together will create strong opportunities for our customers, including further expanding Interunion’s global reach, this means customers will have seamless pathways for growing their operations both within Southeast Asia and further afield,” Meade said.
Through a strong network of industry relationships, Mondiale VGL provides access to the world’s most critical trade routes for a large, diversified group of customers operating in a variety of industry sectors across New Zealand, Australia, Asia, Europe, and the USA.
Building a global supply chain with roots in Asia Pacific
The Interunion acquisition follows a sustained period of growth for Mondiale VGL.
The company was established in 2021 through the merger of Mondiale Freight Services and VISA Global Logistics (VGL).
The merger saw Mondiale VGL transition into a global entity, and today the company employs more than 1500 staff across 56 offices in New Zealand, Australia, Asia, Europe, and the USA, supported further by over 500 agency offices worldwide.
“Growth by acquisition is an important part of our strategy to build scale in our business and the merger positioned us well to take this forward,” says Mr Meade.
“Our December 2021 acquisition of Customs Agency Service (CAS) enabled us to consolidate our national footprint in Australia while building further scale in the Australasian market.
“We are seeing clear evidence of the advantages that these mergers and acquisitions have delivered through increased international trade lane access, enhanced technology and sustainability initiatives, and the achievement of the growth milestones we mapped at the outset.
“We look forward to continuing this path with the acquisition of Interunion further cementing our solid strategic and financial foundations.”
