Wallenborn enters Australian market
Luxembourg-based Wallenborn Transports is acquiring a shareholding in Skyroad Logistics and adding Oceania to its growing road feeder service (RFS) network which already provides extensive coverage in Europe and the Middle East. This strategic investment aims to expand the fleet and facilitate the development of new products and services for the Australian market.
The agreement covers air cargo RFS, express transport and project transport service offerings. Skyroad Logistics will continue to operate from its head office in Melbourne, and service depots in Sydney and Brisbane. Peter Assel, who co-founded the business, will remain as a shareholder and managing director.
President & CEO Frantz Wallenborn: "Strategically, this is the latest step in our mission to consistently provide a broad range of products and services to our key accounts with more acquisitions on the horizon." (ah)