Announcing its ambition to become a much bigger player in the Australian transport and logistics sector DHL buys out Cameron’s.
DHL Supply Chain is part of the Deutsche Post Group and has announced it is acquiring 100 per cent of the Glen Cameron Group, the bright yellow national logistics company specialising in road freight and contract logistics.
The Glen Cameron Group operates a fleet of 1,000 trucks and trailers, and has more than 820 employees around Australia.
According to the statement released by both parties, 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 over AU$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, said Steve Thompsett, CEO, DHL Supply Chain Australia and New Zealand. “We look forward to offering a fuller range of transport services to existing and new customers. DHL is well recognised 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, Specialised Services and Contract Logistics transport – with dedicated solutions for customers,”.
The Glen Cameron Group is recognised as a leader in freight and contract logistics and DHL will benefit from the expertise of the Cameron Logistics’ team in the consumer and grocery sectors.
“Since founding the Glen Cameron Group 47 years ago and over the last five decades we have built a successful, diverse, and resilient business,” said Glen Cameron, Founder and Executive Chairman of the Glen Cameron Group. “What began as one eight-tonne 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.”
The Glen Cameron 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,” said Glen. “Together, we can increase our footprint and become one of the largest transport and logistics businesses in this country. 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.”
