Glen Cameron Group has been acquired by DHL Supply Chain Australia
Glen Cameron Group has been sold to DHL Supply Chain Australia.
Glen Cameron Group is an iconic Australian logistics business which was founded in 1975 by 22-year-old Glen Cameron in Melbourne. Today, Glen Cameron Group is a US$246 million turnover business offering over 100,000 sqm of warehousing space and operating a fleet of more than 1,000 trucks and trailers for its customers. The group has more than 820 employees and 500 sub-contractors. Its key service offering includes nationwide road freight and contract logistics, warehouse and transport solutions and third-party logistics management throughout Australia.
DHL, part of the Deutsche Post Group, is a leading global brand in the logistics industry and one of the world’s largest courier companies. DHL divisions offer a portfolio of logistics services, ranging from national and international parcel delivery, e-commerce shipping and fulfillment solutions, international express, and road, air and ocean transport to industrial supply chain management. With about 380,000 employees in more than 220 countries and territories worldwide, DHL connects people and businesses securely and reliably, enabling global sustainable trade flows.
Oaklins’ team in Australia has had a long-standing relationship with the owners of Glen Cameron. The engagement with Oaklins started as a strategic review leading to a review of growth opportunities, sourcing potential buyers and ultimately finding DHL as the right partner for Glen Cameron Group.
Owner, Glen Cameron Group
Talk to the deal team
Ricotto has been acquired by Sitra Group
Ricotto S.r.l. has joined Sitra Group, a Belgium-based and PE-backed international logistic and transportation group.Learn more
Klein Steel Service has been acquired by Alro Steel
The shareholders of Klein Steel Service have sold the company to Alro Steel.Learn more
LHN Logistics has raised S$5.0m (US$3.6 million) in gross proceeds
LHN Logistics Limited has completed a fundraising to partially finance the construction of an ISO tank depot, expand the transportation fleet and acquire moving equipment.Learn more