DHL Supply Chain, part of the Deutsche Post Group (DPDHL), is acquiring 100% of the Glen Cameron Group, a national logistics company specializing in road freight and contract logistics in Australia.
The Glen Cameron Group operates a fleet of 1,000 trucks and trailers and has more than 820 employees throughout the country.
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 more than A$1bn (US$690m).
Steve Thompsett, CEO, 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. DHL is well recognized 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, Specialized Services and Contract Logistics transport – with dedicated solutions for customers.”
Glen Cameron, founder and executive chairman of the Glen Cameron Group, said, “Since founding the Glen Cameron 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 to be one of Australia’s largest transport and logistic business. Together with DHL, we can take our business to the next level.”
Terry Ryan, CEO, DHL Supply Chain, Asia Pacific, said, “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.”