TR Group acquires Adelaide business

Heavy commercial vehicle rental and lease business TR Group has announced the acquisition of an Adelaide-based trailer hire business.

As part of its national expansion strategy, TR Group has acquired Southern Cross Rentals, effective August 1, 2023.

Operating for over 30 years, TR Group has a fleet of around 8500 trucks and trailers across Australia and New Zealand.

This latest move provides TR Group with its fifth rental and leasing outlet in Australia – on top of its existing presence in Melbourne, Brisbane, Newcastle and Perth.

The acquisition will add approximately 130 trailers to TR Group’s fleet, along with the Adelaide Southern Cross Rentals team.

TR Group says the acquisition will cater to customers in South Australia, together with supporting the current branches in providing nationwide services to their customers.

General manager of TR Group in Australia, Peter Irwin, said, “We’re excited to add our fifth location in our national branch network in Adelaide. Together with the Southern Cross Rentals team, this acquisition launches us into South Australia, progressing our goal of providing a nationwide network for our customers all over the country. We look forward to catering to businesses in Adelaide and the surrounding region and providing our expertise in heavy vehicle fleet rental and lease.”

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