NEWSROOM Archives - FMH GROUP

December 18. 2025

FMH Group acquires AFS Logistics, strengthening national logistics capability

Melbourne, 18 December 2025 – FMH Group today announced it has acquired AFS Logistics (AFS), marking the Group’s first strategic acquisition since Pacific Equity Partners became majority shareholder in March this year.

Headquartered in Melbourne, AFS Logistics is an ANZ 4PL and 3PL provider, delivering end-to-end supply chain solutions including warehousing, transport management, international freight forwarding and logistics consulting. Proprietary technology underpins AFS’s service offering.

The acquisition brings AFS into a group of businesses that share a focus on operational excellence, customer centricity and technological innovation, including efm Logistics, parcel specialists, Couriers Please and Border Express.

Paul Little AO, Executive Chairman of FMH Group, said: “AFS has built a highly capable team and has an impressive reputation for service and innovation. Their expertise complements our existing portfolio and will create additional value for our customers. We are delighted to welcome AFS into the FMH Group.”

AFS will benefit from FMH Group’s investment and long-term growth platform.

Tony Bates, AFS Founder, said: “After three decades in business, joining FMH Group opens a new chapter for our team and our customers. We share strong alignment in values, service quality and long-term ambition, and we look forward to working together to build on what we have achieved to date.”

This acquisition is an important step in the Group’s long-term growth strategy, focused on strategic acquisitions, technology investment and business development to deliver value and innovation to customers in their supply chain.

Mr Bates and AFS Executive Director and Board Member, Paul Hopgood, remain involved through advisory roles and equity investment, providing continuity and signalling confidence in the strategic direction.

AFS CEO, Sam Eid continues in his role, reporting to FMH Group Acting CEO, Chris Livitsanis.

The immediate priority is business continuity during a phased integration aimed at preserving unique strengths.

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About FMH Group

FMH Group is a diversified logistics holding company with interests across 4PL, warehousing and transportation. By combining deep operational expertise with proprietary technology, data and strategic investment, the Group enhances supply-chain efficiency for its customers. www.fmhgroup.com.au

About AFS Logistics

AFS Logistics is an ANZ 4PL and 3PL provider, delivering end-to-end supply chain solutions including warehousing, transport management, international freight forwarding and logistics consulting. Their proprietary technology, MOVEITcx, underpins AFS’s service offering, enabling visibility and smarter decision making. Founded in 1995, AFS has built strong customer relationships across retail, FMCG, healthcare, manufacturing, and distribution sectors. www.afslogistics.com.au

About Pacific Equity Partners (PEP)

Pacific Equity Partners (PEP) is the largest and most active private markets fund manager in Australasia. Founded in 1998, PEP specializes in buyouts and growth capital, with a focus on partnering with high-quality companies to accelerate growth, innovation, and operational performance. www.pep.com.au

For media enquiries: contact@fmhgroup.com.au

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FMH Group appoints DHL UK’s Saul Resnick as Group Chief Executive Officer, signalling next phase of growth and transformation

November 27. 2025

by DF Techin Blog

FMH Group appoints DHL UK’s Saul Resnick as Group Chief Executive Officer, signalling next phase of growth and transformation

Melbourne, 27 November 2025 —Private-equity backed, technology-enabled diversified logistics group, FMH Group, today announced the appointment of Saul Resnick as Group Chief Executive Officer, effective 1 February 2026.

A highly regarded industry leader with a proven record of delivering growth and operational excellence, Mr Resnick joins FMH Group from DHL Supply Chain in the UK and Ireland, where he led the €4 billion business with more than 45,000 employees.

FMH Group Chair Paul Little AO said the appointment reflects the Group’s ambition to scale operations and accelerate its position as one of Australia’s leading logistics businesses.

“Our strategy is focused on growth, both organic and through strategic investment. Saul brings deep experience leading transformation in complex, high-growth environments and will play a critical role in realising our vision for the next decade,” Mr Little said.

“We’re investing in network expansion, technology and capability to build a business that sets the benchmark for performance, sustainability and customer experience in our sector. Saul’s appointment sends a strong signal to the market about the scale of our ambition.”

Technology is central to FMH Group’s strategy as it modernises its national logistics network. Recent investment in proprietary technology and data analytics is improving efficiency, reducing cost-to-serve and giving customers greater visibility. These advances are building a more productive, sustainable and resilient network ready to meet growing demand for fast, flexible and low-emission logistics.

Mr Resnick has more than 20 years of executive leadership experience in logistics, including as CEO of DHL ANZ where he built a strong record of driving growth, operational excellence and customer service improvements.

Mr Resnick said: “FMH Group is a business with enormous potential. The opportunity ahead is to take strong foundations and build a truly future-ready enterprise, one that continues to grow by creating value for our customers, people and partners. I’m looking forward to leading the next stage of that journey.”

To support this next phase, FMH Group has also appointed Chris Livitsanis to the newly created role of Chief Strategy and Operations Officer. With extensive experience across strategy, operations and transportation, Livitsanis has held senior roles with Boston Consulting Group, Newcrest Mining and A.T. Kearney.

In addition, key CEO appointments have been made across the Group’s operating companies, further strengthening leadership capability and ensuring consistent focus on growth, customer service and performance across all parts of the business.

The appointments follow a period of strong momentum for FMH Group, including becoming one of the five largest logistics companies in Australia by revenue, being acquired by Pacific Equity Partners for $1.4 billion and the appointment of industry titan, Paul Little AO, as Chairman.

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About FMH Group

FMH Group is a diversified logistics holding company with divisions across 4PL, warehousing and transportation. Its vision is to create a new logistics ecosystem, where people and physical assets are connected through a ubiquitous technology platform, enabling true supply chain efficiency. FMH Group comprises Australia’s leading 4PL, efm Logistics and transportation providers, Border Express, CouriersPlease, GKR Transport, Niche Logistics and Formby Logistics. www.fmhgroup.com.au

For media enquiries:

FMH Group
Julia Loughlin | Chief Marketing and Communications Officer
0422 281 915
julia.loughlin@fmhgroup.com.au

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PEP acquires SingPost’s FMH Group, unlocking new growth opportunities

March 27. 2025

by DF Techin Blog

PEP acquires SingPost’s FMH Group, unlocking new growth opportunities

PEP completes acquisition of FMH Group, accelerating its growth trajectory
Technology, business development and acquisitions, the focus of growth
Former TOLL MD, Paul Little AO takes up Chairman role

Melbourne, Friday 28th March 2025 Private equity firm, Pacific Equity Partners (PEP), today announced it has acquired diversified logistics conglomerate, Freight Management Holdings (FMH Group), from Singapore Post Limited (SingPost), after the conditional sale and purchase agreement completed on 27th March 2025.

FMH Group is a diversified logistics holding company with interests across transportation, warehousing, technology and fourth-party logistics. Its market-leading proprietary technology underpins the Group’s ability to deliver smart, efficient supply chain solutions to its customers.

PEP becomes majority shareholder and is joined by two private investors: Damian Degenhardt and Paul Little AO.

Damian Degenhardt founded the Group’s 4PL, efm Logistics, in 2000 and built the company into one of the largest 4PLs in the Australia-New Zealand region. He remained on the Board as Executive Chairman until 2021 when the Group was acquired by SingPost.

Paul Little AO is former Managing Director of Toll Holdings, where he oversaw the Toll Group’s rise to become Asia’s pre-eminent provider of logistics services. Under his leadership, Toll made more than 100 acquisitions, which saw global revenue reach $16 billion. We are delighted to announce that Mr Little will Chair the Board.

Paul Little AO said: “As incoming Chairman, I bring the insights and experience gained from leading a logistics business through a period of extraordinary growth. FMH Group’s rapid ascent is a testament to their vision, strategic investment in technology and relentless pursuit of excellence. While I draw on past success, my focus going forward is on supporting FMH Group to continue to lead in a rapidly evolving landscape.”

Simon Slagter, remains in his longstanding role of Chief Executive Officer (CEO), driving the growth strategy of the Group and overseeing the portfolio of companies.

Simon Slagter, CEO of FMH Group said: “We have built a business defined by innovation and the pursuit of excellence, earning the trust of our customers and partners. Now, with the backing of PEP and our other investors, we are poised for our next phase of growth. Their support will enable us to deepen our investment in proprietary technology, expand our business development function and pursue strategic acquisitions, while we remain committed to unlocking even greater value for our customers and continuing to deliver an outstanding customer experience.”

PEP Managing Director, David Brown said: “We are delighted to officially welcome FMH Group to our portfolio. With 27 years of experience supporting Australian businesses to reach their full potential, we’re excited to partner with FMH Group in their next phase. Their ability to scale at pace while maintaining a strong customer focus is a testament to their leadership and team culture. We look forward to working together to unlock new opportunities to build on their impressive momentum.”

For the full details, please refer to the Singapore Exchange (SGX) announcement dated 27 March 2025.

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About FMH Group

FMH Group is a diversified logistics holding company with divisions across 4PL, warehousing, transportation and technology. Its vision is to create a new logistics ecosystem, where people and physical assets are connected through a ubiquitous technology platform, enabling true supply chain efficiency. FMH Group comprises: Australia’s leading 4PL, efm Logistics; logistics technology company, Flip; transportation providers, Border Express, BagTrans, Spectrum Logistics, CouriersPlease and Logistics Holdings Australia, under which is GKR Transport, Niche Logistics and Formby Logistics. www.fmhgroup.com.au

About Pacific Equity Partners (PEP)

PEP is one of Australasia’s oldest, largest and most active private equity firms, currently with A$14 billion AUM across various investment strategies. Since 1998, PEP has made more than 200 acquisitions, has engaged close to A$50 billion of transactions, including both acquisitions and exits, and has delivered a 28% average Net IRR p.a. across the closed end funds. PEP has been the recipient of various industry awards over the past 27 years, including most recently the 2024 Firm of the Year Award from the Australian Investment Council (AIC).
www.pep.com.au

About Paul Little AO

Paul Little AO is an Australian businessman and philanthropist. From 1986 to 2011, Paul was the Managing Director of Toll Holdings and oversaw Toll Group’s rise from a small Newcastle based transport company to an international organisation with $16 billion in global revenue, 45,000 employees and operations in 50 countries. Paul has received a Doctor of Business honoris causa from RMIT University. He has been awarded an Officer of the Order of Australia for service to the development of the transport and logistics industries, and for service to the community through philanthropic support of sporting and medical research organisations. Paul is a Fellow of the Australian Institute of Company Directors and the Chartered Institute of Logistics and Transport. He was also a Director of Property Exchange Australia (PEXA), Chairman of Visit Victoria, Australian Grand Prix Corporation and the Essendon Football Club.

For media enquiries:

FMH Group
Julia Loughlin | Echomakers | 0422 281 915
julia@echomakers.com.au

For PEP
Geoff Elliott | GRA Cosway 0488 051 888
gelliott@gracosway.com.au

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PEP to acquire SingPost's FMH Group, heralding an exciting new chapter

December 2. 2024

by fmhgroupin Blog

PEP to acquire SingPost's FMH Group, heralding an exciting new chapter

Melbourne, 01 November 2023 – Freight Management Holdings Pty Ltd (“FMH”), a subsidiary of Singapore Post Limited (“SingPost” and “Group”), has entered into a conditional sale and purchase agreement with the shareholders of Border Express, the 6^th largest national transport and distribution services company in Australia.

Border Express has presence across every state and territory in Australia with comprehensive freight connectivity, warehouses and regional centres, providing end-to-end interstate logistics services. With a network of 16 facilities, a fleet of over 700 vehicles, and a dedicated team of 1,300 employees, Border Express has established itself as a reliable partner to over 3,000 clients from across industries, including large retail and consumer brands.

Upon completion, Border Express will join the transportation companies held under the FMH Group umbrella, GKR Transport, Niche Logistics, BagTrans, Formby Logistics and Spectrum Transport.

Over the past three years, SingPost has expanded its operations in Australia with the FMH Group and CouriersPlease. This transaction aligns with SingPost’s strategic ambition to expand its logistics network and foster synergy within its Australian operations to deliver enhanced value to its customers and partners. In addition to this transaction, SingPost has reached agreement with the remaining minority shareholders of FMH to take its ownership to 100%.

The Australian integrated logistics market is estimated at over A$120 billion¹. With the acquisition of Border Express, the revenues of the enlarged FMH Group are expected to exceed S$1 billion.

Vincent Phang, Group Chief Executive Officer, SingPost Group, said, “FMH Group has built a sustainable integrated logistics business in Australia. This acquisition is immediately accretive to earnings, solidifies FMH as a leading logistics provider, and continues the growth and development of our Australian operations. We look forward to welcoming Border Express to the FMH Group and SingPost Group family.”

Said Simon Slagter, Group Chief Executive Officer, FMH Group, “Border Express is a highly-regarded transportation provider throughout Australia. Upon completion, the acquisition will support FMH Group to realise the vision of a new logistics ecosystem where people and physical assets are connected through a ubiquitous technology platform, enabling true supply chain efficiency.”

Border Express Executive Director Transformation, Mark Luff, said: “We are excited to embark on this new chapter as we enter into a conditional agreement with FMH Group. Joining forces with FMH Group will provide us with access to an extensive network, cutting-edge technology and resources that will enable us to serve our customers even better and expand our reach even further.”

The transaction is subject to relevant statutory approvals and other closing conditions.

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About FMH Group

FMH Group is a diversified logistics holding company with divisions across 4PL and Warehousing, Transportation, and Technology. Its vision is to create a new logistics ecosystem, where people and physical assets are connected through a ubiquitous technology platform, enabling true supply chain efficiency. FMH Group is 88% owned by Singapore Post. www.fmhgroup.com.au

About Singapore Post Limited (SingPost)

Singapore Post (SingPost) is a leading postal and eCommerce logistics provider in Asia Pacific. The portfolio of businesses spans from national and international postal services to warehousing and fulfilment, international freight forwarding and last mile delivery, serving customers in more than 220 global destinations. Headquartered in Singapore, SingPost has over 4,900 employees, with offices in 13 markets worldwide. Since its inception in 1858, the Group has evolved and innovated to bring about best-in-class integrated logistics solutions and services, making every delivery count for people and planet. www.singpost.com

About Border Express

Border Express is a national transport and distribution services company with a strong capital city and regional network. Its vision is to be recognised by our customers as the industry leader in service, delivery and value. To achieve this it leverages off its greatest assets – people, process, innovation and technology, in an environment that’s focused on safety and sustainability. Find out more at www.borderexpress.com.au

For media enquiries:

Julia Loughlin

Founder and Principal Consultant

Echomakers, on behalf of FMH Group

m: +61 422 281 915

julia@echomakers.com.au

Sophia Ong

Group Communications and Marketing

SingPost

m: +65 9839 1855

Sophia.Ong@singpost.com

For media enquiries:

Julia Loughlin

Founder and Principal Consultant

Echomakers, on behalf of FMH Group

m: +61 422 281 915

julia@echomakers.com.au

Sophia Ong

Group Communications and Marketing

SingPost

m: +65 9839 1855

Sophia.Ong@singpost.com

PEP investment to enhance FMH Group’s technology platform
Will support strategic acquisition opportunities
Strengthens FMH Group position as industry leader to unlock greater value for customers

Melbourne, Australia 02 December 2024 – Singapore Post Limited (SingPost) today announced that it has entered into a sale and purchase agreement with Pacific Equity Partners (PEP) for the sale of its Australia business, Freight Management Holdings Pty Ltd (FMH).

With PEP as its new owner, FMH Group will be well-supported to build on its strong foundation, accelerate its growth strategy, and continue delivering outstanding value and market leading service to its customers. Customers and carrier partners can expect the same high level of service and innovation as the company enters this new phase of growth.

Simon Slagter, CEO of FMH Group said: “This is an exciting milestone for FMH Group. We have built a foundation of trust with our customers, achieved significant growth, and led the way in providing excellent logistics services. The investment of Pacific Equity Partners will help us take the next leap forward, empowering us to further enhance our technology platform, turbocharge our business development function and pursue strategic acquisition opportunities, strengthening our position as industry leader and unlocking even greater value for our customers.”

Pacific Equity Partners Managing Director, David Brown said: “We are thrilled to welcome FMH Group to our portfolio. FMH Group has a stellar track record of growth, a passionate team and a clear and compelling trajectory. We look forward to supporting them to build on their success and facilitate further opportunities.”

Singapore Post Chairman, Simon Israel, said: “Since our initial investment in FMH Group in 2020, we have witnessed the group achieve extraordinary growth. Now, with its strong market position and growth pathway the Board has decided it is time to realise the substantial shareholder value created. The transition of FMH Group ownership to PEP will support its continued upward trajectory.”

The proposed divestment is subject to regulatory approvals such as approvals from the Foreign Investment Review Board of Australia, and SingPost obtaining the requisite approval from shareholders in an extraordinary general meeting of SingPost to be convened.

For the full details, please refer to the SGX Announcement dated 2 December 2024 on “Proposed Sale of SingPost Australia Investments Pty. Ltd.”

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About FMH Group

FMH Group is a diversified logistics holding company with divisions across 4PL, warehousing, transportation and technology. Its vision is to create a new logistics ecosystem, where people and physical assets are connected through a ubiquitous technology platform, enabling true supply chain efficiency. FMH Group comprises: Australia’s leading 4PL, efm Logistics; logistics technology company, Flip; transportation providers, Border Express, BagTrans, Spectrum Logistics, CouriersPlease and Logistics Holdings Australia, under which is GKR Transport, Niche Logistics and Formby Logistics. www.fmhgroup.com.au

About Pacific Equity Partners (PEP)

PEP is one of Australasia’s oldest, largest and most active private equity firms, currently with A$12 billion AUM across various investment strategies. Since 1998, PEP has made more than 200 acquisitions, has engaged close to A$50 billion of transactions, including both acquisitions and exits, and has delivered a 28% average Net IRR p.a. across the closed end funds. PEP has been the recipient of various industry awards over the past 26 years, including most recently the 2024 Firm of the Year Award from the Australian Investment Council (AIC).
www.pep.com.au

About Singapore Post Limited (SingPost)

Singapore Post Limited (SingPost) is a leading postal and eCommerce logistics provider in Asia Pacific. The portfolio of businesses spans from national and international postal services to warehousing and fulfillment, international freight forwarding and last mile delivery, serving customers in more than 220 global destinations. Headquartered in Singapore, SingPost has over 4,900 employees, with offices in 13 markets worldwide. Since its inception in 1858, the Group has evolved and innovated to bring about best- in-class integrated logistics solutions and services, making every delivery count for people and planet.

For media enquiries:

FMH Group
Julia Loughlin | 0422 281915 julia@echomakers.com.au

Singapore Post
Belinda Tan | +6597468446 belinda.tan@singpost.com

PEP
Geoff Elliott | 0488 051 888 gelliott@gracosway.com.au

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CouriersPlease and FMH Group Complete Merger to Maximise Customer Value

June 28. 2024

by DF Techin Blog

CouriersPlease and FMH Group Complete Merger to Maximise Customer Value