DHL Supply Chain acquires Glen Cameron Group

The logistics group has acquired to enhance Australian operations

DHL Supply Chain acquires Glen Cameron Group
DHL Supply Chain has completely acquired the Glen Cameron Group

DHL Supply Chain has announced it’s acquiring 100 per cent of national road freight and contract logistics company Glen Cameron Group.

The Glen Cameron Group currently operates a fleet of 1,000 trucks and trailers while employing more than 820 Australians.

DHL Supply Chain says the strategic combination with the group will help strengthen DHL’s position in the evolving Australian road freight market, while also hoping that the combination will create one of the largest Australian logistics companies with combined revenue of over $1 billion.

"This is a unique opportunity for DHL Supply Chain to add additional high-quality transport services to our warehouse and transport solutions in Australia," DHL Australia and New Zealand CEO Steve Thompsett says.

"We look forward to offering a fuller range of transport services to existing and new customers."

DHL Supply Chain says the Glen Cameron Group is recognised as a leader in freight and contract logistics, meaning DHL will benefit from the logistics team’s expertise in the consumer and grocery sectors.

Glen Cameron Group founder and executive chairman Glen Cameron says the new acquisition will benefit both companies.

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"Since founding the Glen Cameron Group 47 years ago and over the past five decades we have built a successful, diverse and resilient business," Cameron says.

"What began as one eight-tonne truck in 1975 has evolved to be one of Australia’s largest transport and logistics businesses.

"Together with DHL, we can take our business to the next level."

Cameron says his group will benefit from DHL’s large-scale network in over 220 countries and global forwarding expertise in air, ocean and road freight to ensure strong development opportunities for the business, its customers and its employees.

"I’m excited to see the Glen Cameron Group join with DHL – together we can increase our footprint and become of the country’s largest transport and logistics businesses," Cameron says.

"With the backing of a highly successful global corporate business, we have an opportunity to invest in growth and open new opportunities for our employees, and this marks an important milestone to continue an important legacy in the Australian transportation industry."

DHL Supply Chain CEO Terry Ryan says the acquisition signifies the company’s commitment to growing business in Australia.

"The supply chain is evolving quickly and with significant transport operational capability, we will be more agile, respond faster to changing demand and continue to deliver on our promises," Ryan says.

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