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SCL acquires Rocke Brothers

  • Posted on Wednesday 7th, August 2019.

Silk Contract Logistics (SCL) announced yesterday that it has acquired Victoria-based wharf carrier, Rocke Brothers, effective 5 August 2019.

SCL Directors said in a joint statement that this acquisition marks the union of two dynamic Australian logistics companies each with a strong history in the Australian transport and logistics industry.

“SCL remains committed to its vision to be recognised by our target customers as their partner of choice in the provision of integrated logistics solutions, and firmly believe that the addition of Rocke Brothers will complement Silk Contract Logistics ability to deliver on this vision,” SCL said.

“This announcement marks an exciting next step in SCL’s journey and aligns with the strategy SCL has held for the past five years in relation to growth and a vision to be It also positions SCL for further exciting opportunities in the short to medium term.”

Rock Brothers has a 150-year plus history and specialises in shipping container transport, storage and handling and cold chain storage.

Australian Financial Review (AFR) estimates SCL’s annual revenue worth is about $300 million.

AFR confirms SCL was formed via a merger of Kagan Logistics and Hoffmann Transport in 2012. Two years later SCL partnered with Tony Gandel’s Gandel Invest to buy the business from Gresham Private Equity – SCL executive directors then reportedly purchased Gandel Invest.

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