FMH Group acquires East-West-East Lane specialists, GKR Transport
Thursday, 1st July 2021 – FMH Group has today announced its acquisition of leading general freight carrier, GKR Transport. With a fleet of road trains, they provide a reliable express service and superior transit capability in the East-West-East Lane.
GKR Transport will be joining Niche Logistics, BagTrans and efm Warehousing in the transportation and warehousing division of FMH Group, known as Logistics Holdings Australia. The Group’s other two divisions are fourth-party logistics (efm Logistics) and technology (FLIP).
FMH Group CEO, Simon Slagter, says the acquisition is aligned to the Group’s strategy of expanding reach and service offering.
“We are delighted to acquire GKR Transport. GKR Transport has a strong brand in the market and highly respected leadership and I’m very excited to be bringing them into the fold. The acquisition will allow us to offer a superior transit service to customers across the FMH Group shipping freight from the eastern seaboard to Perth and/or return.”
GKR Transport will retain its existing identity and will continue to operate self-sufficiently but aligned to the Group strategy. The acquisition is also beneficial for GKR Transport, whose founder, Kevin Small, started the business in 1985 and will continue with the company.
“I am proud to have been part of building up such a successful company. I owe my thanks and gratitude to fellow directors, David and Paul, and to our dedicated management and staff for making our success possible over the past 34 years. I am so pleased to see our company become part of a group like FMH Group, which has the technology and track-record to be able to take it to the next level,” Mr Small said.
As FMH Group is a diversified logistics services organisation, all the companies within the Group are independent.
“Having a leading specialist provider in our Group gives us another bow to draw upon in customer solution design. Our 4PL, efm, remains 100% independent and will operate at an arms-length from GKR Transport. They will be subject to the same stringent screening process that efm undertakes for all its carriers,” Mr Slagter said.
GKR Transport will be retaining its existing customer base and workforce. The acquisition is effective immediately.
About FMH Group: FMH Group is a holding company with diversified interests across logistics services. Through the integration of our technology, people and physical assets, we enable a truly efficient and sustainable supply chain. FMH Group is backed by SingPost Logistics Holdings, a subsidiary of Singapore Stock Exchange-listed Singapore Post. SingPost became a substantial minority investor in December 2020, enabling FMH Group to add value to its customers by further investing in enriched technology solutions and its people. For more information please visit: https://fmhgroup.com.au/
About GKR Transport: GKR Transport is a leading general freight carrier providing superior transit capability in the East-West-East Lane. They offer daily pickups and twice-weekly departures to and from Perth, Adelaide, Melbourne, Sydney and Brisbane. With headquarters in Perth, GKR Transport has five depots within all major Australian states. For more information please visit: www.gkrtransport.com.au.
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