DHL Supply Chain Australia has agreed to acquire 100 per cent of the Glen Cameron Group, which runs a fleet of 1000 trucks and trailers across the country and employs over 820 people.
According to DHL, the strategic combination of the Glen Cameron Group with DHL Supply Chain will strengthen its position in road freight 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. We look forward to offering a fuller range of transport services to existing and new customers,” said Steve Thompsett, CEO of DHL Supply Chain Australia and New Zealand.
“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.”
Glen Cameron Group founder and executive chairman, Glen Cameron said, “Since founding the Glen Cameron Group 47 years ago and over the last five decades we have built a successful, diverse, and resilient business. 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. 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.”
In Australia, DHL Supply Chain employs approximately 4000 people across its warehouses and transport operations.