TR Group Australia has announced the purchase of Perth-based Axle Hire, effective Monday, December 1.
The buy-out aligns with the Group’s nationwide expansion strategy, adding Perth to an existing presence in Melbourne, Brisbane and Newcastle, said a media release today.
TR Group Australia’s general manager Peter Irwin calls the acquisition a strategic move.
“We recognise the importance of the Perth market to Australia and have spent significant time considering the best way for us to enter the market,” said Irwin.
“We believe that the acquisition of Axle Hire provides an excellent springboard to success and look forward to welcoming our new Perth team into the TR Australia family, and the opportunity to deliver our expertise and genuine customer focus to Western Australia”
The acquisition will see the addition of approximately 250 vehicles growing TR Group Australia’s fleet to over 2000 trailers and over 300 prime movers.
“With over 20 plus categories of trailers including PBS-approved A-double combinations (fully permitted in accordance with NHVR regulations) and a new fleet of prime movers and refrigeration trailers, we have the solution for any project.”
Established in 2003 as Truckworld Rental before a recent rebrand, Axle Hire spruiks itself as Western Australia’s truck and trailer hire experts.
“We have an extensive range of rigid trucks, prime movers, trailers and much much more,” says the company’s Facebook page.
TR Group was founded in 1992 in New Zealand, and now has a fleet of 8000 heavy commercial rental and lease vehicles, with a team of 250 across Australia and New Zealand.