Flinders Logistics acquires Townsville Bulk Storage and Handling
24 July 2017
Flinders Logistics, a wholly owned subsidiary of the Flinders Port Holdings group, has taken a bold step out of South Australia and is expanding into interstate regions. As of 1 July 2017, Flinders Logistics has acquired 100% of the shares of Townsville Bulk Storage and Handling, expanding Flinders Logistics capabilities in pit-to-port solutions into North Queensland.
Established in 2009, Townsville Bulk Storage and Handling is a true North Queensland success story. The company is the largest privately owned stevedoring company in North Queensland, widely recognised as the leader in providing reliable and customer-focused supply-chain management solutions, including stevedoring, transport, customs, quarantine and warehousing solutions.
Vincent Tremaine, CEO of Flinders Port Holdings says that “This acquisition is a strong and positive step for Flinders Logistics. Not only have we expanded geographically, but we have also expanded our skill base and can now offer fully integrated end-to-end supply chain solutions”.
The company has demonstrated that it is a leader in the Logistics industry in South Australia with the development of a bespoke, award-winning patented dust suppression technology, as well as providing world-class Logistics services in their South Australian ports. This first step into an interstate venture is part of Flinders Logistics’ wider strategy to grow the business, offering services nationwide. Mr Tremaine added that “We are now not solely a South Australian based company. This is a gateway to offer Flinders Logistics integrated logistics solutions across the country, and this is our first step towards that goal”.
With the finalisation of this acquisition, this well-known Townsville based business will be further supported with the financial backing and wealth of knowledge and experience that the Flinders Group has to offer. Flinders Port Holdings owns and operates seven ports in South Australia and the Adelaide container terminal. Flinders Logistics provides services to a range of clients across a diversified mix of cargo products. These services include a range of bulk, general and container stevedoring services, rail intermodal services and dust management / suppression services.
Mr Tremaine added that “We are excited to welcome the Townsville Bulk Storage and Handling team on board the Flinders Port Holdings Group, and look forward to working together to continue to offer world-class supply chain management solutions in Northern Queensland”.