Toll buys second Dubai logistics firm

Sea-air hybrid shipper SAT Albatros has focus on east-west trade

By Rob McKay | February 2, 2011

Toll’s calendar-year acquisitions campaign has started in Dubai with the purchase of hybrid logistics provider SAT Albatros (SAT).

Its second Dubai buy in two years, SAT uses a combination of sea and air transport to hold down costs on its weekly service.

SAT’s focus is Far East/India-Europe/North America trade, with the shipping leg docking in Dubai and a transit time of about two weeks.

"The acquisition of SAT will further cement Toll’s strategic position in the Middle East and in the Asia to Europe trade lane," Toll Managing Director Paul Little says.

"With a strong customer base and as the market leader in this service offering, SAT will support our intention to further develop in this market.

"Building our business with a niche sea-air provider gives us further scope to offer our customers the opportunity to match speed to market with a cost-effective service.

"For customers who want to transport goods quickly but keep costs down, this integrated option can offer significant cost savings over pure air freight."

"The integration of SAT will allow us to secure a blue-chip well-established customer base principally consisting of European fashion apparel, electronics, and consumer goods conglomerates sourcing products from Asia.

"SAT will form part of Toll’s rapidly developing Global Forwarding division, adding further capacity to the Group in the Middle East following the 2009 acquisition of Dubai-based Logistic Distribution System (LDS).

"SAT has strong links in Europe and in particular Germany, which itself accounts for a majority of volume at destination."

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