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Scan Global Logistics Acquires Kestrel Freight to Expand in Australia
Wednesday 11 July 2018

11 July 2018 - Denmark-based freight forwarding and logistics services provider Scan Global Logistics has acquired Australian-based freight forwarder Kestrel Freight and Customs Pty Ltd., providing Scan Global Logistics Pty. Ltd. with a more comprehensive logistics network that will establish a stronger position in the Australian market, the company said.
Terms of the transaction were not disclosed.
Kestrel said the two companies have worked together frequently in the past and hold similar values and philosophies on providing services and developing relationships.
Kestrel is an Australian full-service freight forwarder that provides logistic support to projects in industries such as mining, construction, oil and gas and telecommunication.
Scan Global Logistics Pty Ltd is a part of the Scan Global Logistics Group, a large international company head quartered in Copenhagen Denmark, with over 90 locations across the globe and with more than 40 years of experience.
Date Published: 11/07/2018
Target: Kestrel Freight and Customs Pty Ltd
Country: Australia
Sector: Road Transport/Freight Transport
Type: Corporate acquisition
Status: Closed
Buyer: Scan Global Logistics
Terms of the deal were not disclosed