After being an integral part of SB Global Logistics’ business for more than two decades, DB Schenker and SB Global Logistics have entered into a definitive agreement under which DB Schenker will acquire SB Global Logistics from 24th September 2017. DB Schenker and SB Global Logistics have a longstanding relationship as network partners in New Zealand.
Mark Harrison, Director of New Zealand, DB Schenker AU/NZ commented “DB Schenker NZ has enjoyed a 20 year relationship with SB Logistics, from which we have seen both companies grow together off the back of mutual respect and confidence in service. This relationship has endured through many challenging global climates, always showing resilience and trust in achieving the foundations of our agreement. The backbone of this relationship has led us to today where we begin our process of merging the two organisations with absolute confidence given our extensive knowledge of how each work.”
With this acquisition, 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.
“This purchase has been well thought out with due consideration to the future of SB Global Logistics business, staff and customers”, said Stephen Bateman, Director, SB Global Logistics. “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 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.
About DB Schenker: DB Schenker (www.dbschenker.com) is the transportation and logistics division of Deutsche Bahn AG (www.deutschebahn.com). With 65,000 employees and about 2,000 offices in 130 countries around the world, DB Schenker is one of the world's leading providers of integrated logistics services, offering land transport, air and ocean freight as well as comprehensive logistics solutions and global supply chain management from a single source.
Schenker Australia Pty Ltd was established in 1962 in Sydney, has 1,091 employees in Australia and almost 100 in New Zealand.
| A DB Schenker/SB Global Logistics joint release || August 24, 2017 |||