Marchetti becomes part of Wettenhalls

Victorian-based Wettenhalls has taken over Marchetti Transport, which went into administration in June

By Brad Gardner

Melbourne-based Wettenhalls Group has purchased Marchetti Transport, which went into administration over two months ago.

The transport and logistics company, which operates out of Altona, took ownership of the beleaguered Marchetti a few weeks ago after it went into administration on June 31.

Wettenhalls Chief Executive Matthew Blizzard confirmed the deal but declined an interview, saying the company is not prepared to speak about its operations.

"At this point in time we really don’t have much to say about the acquisition other than that we have done it and it is the fourth acquisition this year," he says.

Wettenhalls runs a number of services in Melbourne and interstate, including express deliveries and logistics services.

As well as its head office in Victoria, the company’s reach extends to NSW, Queensland and South Australia.

Steve Campbell, who was Marchetti’s chief executive and a casualty in the changeover, told ATN in July the transport and logistics company intended on restructuring its operations.

Surging fuel prices played a big part in the company going into voluntary administration, which struggled to contain costs in between purchasing fuel and receiving compensation.

"When your fuel bill doubles within two months and your fuel levies take another two months to catch up, that basically brings you undone," Campbell told ATN.

Marchetti had been operating since 1952 and had grown to offer inventory management, local distribution and line haul. It had hubs in each capital city along the eastern seaboard.

PPB was appointed as administrators.

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