DB Schenker acquires SB Global to expand New Zealand presence
30 / 08 / 2017
Freight forwarding giant DB Schenker will expand its presence in the New Zealand market through the purchase of SB Global Logistics.
The two companies, which have been working together for more than 20 years, said that operations of SB Global Logistics Christchurch will continue "business as usual" under new owners, DB Schenker, ensuring that customer requirements continue to be met.
SB Global Logistics’ management team, will remain in the business and ensure a smooth transition.
The companies said: "DB Schenker NZ will extend their presence into the South Island, strengthening their offering to customers and becoming a truly national operation.
"DB Schenker’s global network, now servicing both the North & South Islands, will be supplemented by SB Logistics’ local strengths adding an additional 50 staff to the New Zealand operation along with a state of the art facility in Christchurch which opened in 2014."
Stephen Bateman, director, SB Global Logistics, added: “This purchase has been well thought out with due consideration to the future of SB Global Logistics business, staff and customers.
“SB Global Logistics Christchurch has grown over the past 27 years to become a well-respected and trusted organisation.
"This is a credit to a team of people who have shown tremendous dedication and resilience, and always striving to achieve a high level of service.”
The deal is set to go through on September 24.
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