Toll completes Sadleirs-Nexus acquisition


With checks completed, the Toll Group has officially acquired the WA transport company

Toll completes Sadleirs-Nexus acquisition
Toll finalises deal with Sadleirs-Nexus.

 

The Toll Group has completed its acquisition of Sadleirs Group’s Sadleirs-Nexus transport division.

While Toll entered a binding agreement to purchase Sadleirs-Nexus on June 3, it says it had a number of "customary conditions and regulatory approvals" that needed to be finalised, which have now been completed.

Based in the north west of Western Australia, the transport company will now form part of the Toll Express business with its name progressively retired.

Describing the news as a win for the regional business and its customers, Toll Express general manager Larry O’Regan says the deal ensures sustainable and competitive transport and freight services for the region.

"We are excited that the Sadliers-Nexus team is joining our talented group of professionals," O’Regan says.

"We are ready to grow this business and support regional customers over the long-term throughout Western Australia."

Toll says the deal will see the combined business "take advantage of Toll’s technology advances such as web-based track and trace, sign on glass capability and range of freight dispatch systems that enable full visibility". 

 

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