DHL Supply Chain Australia has now finalised the acquisition of the Glen Cameron Group, following an agreement announced last month to acquire 100 per cent of the business.
DHL Supply Chain CEO Australia and New Zealand, Steve Thompsett, confirmed the news yesterday, “I am pleased to confirm that the acquisition of the Glen Cameron Group is now complete. This milestone signals a new chapter of growth in the Australian transport industry,” he said.
“I’m looking forward to getting out and about to meet the wider Cameron team and to get to know the operations. Thank you to Glen and his team for the strong foundation they have built over the last five decades.”
The Glen Cameron Group had built its business up to a fleet of 1000 trucks and trailers, and over 820 employees.
Glen Cameron Group founder, 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.”
Following the finalisation of the agreement, Cameron added, “Proud to be part of DHL Supply Chain and want to thank all at Cameron for the great work friendship, and commitment. We have built a tremendous business that will now be turbo-charged for the next chapter.
“Thanks also to Steve and the DHL team for their efforts to bring our businesses together.
Looking forward to see what we can achieve collectively. Exciting times ahead.”