OIA Global acquires two Australian forwarders
13 / 11 / 2024
Photo: stockphoto mania/ Shutterstock
US supply chain services company OIA Global is broadening its Australasian and Asia footprint with the acquisition of BTi Logistics and Airmark Ocean & Air Logistics.
BTi Logistics is an Australian owned freight forwarding and third party logistics (3PL) company operating in Melbourne, Sydney, Brisbane, Auckland and Singapore. The company is an IATA certified airfreight forwarder that handles general and project cargo.
BTi Logistics strengthens OIA Global’s capabilities in automotive & mobility, energy, and industrial markets, with expertise in warehousing, distribution, and end-to-end supply chain management.
Airmark Ocean & Air Logistics is also based in Australia and provides freight forwarding and logistics solutions internationally. The Sydney-headquartered company works across markets in New Zealand, Europe, the Americas, Asia, Africa and the Middle East.
It provides customised airfreight services across Sydney, Melbourne, Brisbane, Adelaide and Perth. As well as aviation, the company has specialised knowledge in healthcare and industrial logistics.
“We are thrilled to welcome BTi Logistics and Airmark Ocean & Air Logistics to OIA Global,” said Jeff Barrie, chief executive of OIA Global. “Both companies bring exceptional expertise and align with our commitment to customer service and operational excellence. These acquisitions are key to advancing our mission to deliver seamless, end-to-end supply chain solutions on a global scale.”
Youssef Annali, chief financial officer of OIA Global, said: “These strategic acquisitions align well with OIA’s inorganic growth strategy focused on expanding our global network. Both acquisitions add deep expertise and longstanding customer relationships, complementing our vertical growth strategy in automotive, aerospace, and healthcare.”
Completion of the acquisitions will take place following regulatory approvals. Until those regulatory approvals have been obtained, OIA Global, BTi Logistics, and Airmark Ocean & Air Logistics will maintain independent operations.
