Coynes Freight Management Group, a third-generation family-owned transport company based in Melbourne, has been acquired by Butler Freight Services.
The acquisition marks an exciting new chapter for both Butler Freight and Coynes Freight Management, bringing together two industry leaders to better serve Australia’s transport and logistics needs.
The Coynes Freight Management brand will continue to operate under the ownership of Butler Freight, ensuring continuity for its valued customers.
Additionally, all members of the Coynes team will remain employed, preserving the expertise and dedication that have been hallmarks of the Coynes operation.
“We are honored to have acted as sell-side advisors to the third generation of the Coynes family, facilitating the sale of their iconic business, Coynes Freight Management,” said the company’s sell-side corporate advisor, EP Advisors.
“As the family prepared for retirement, they entrusted EP Advisors with a clear mandate: to secure a strategic industry buyer who would uphold the legacy of the business.
“The selection of Butler Freight as the acquirer ensures that the Coynes brand, team, and values will remain intact while benefiting from the resources and vision needed to drive future growth.
“We congratulate both the Coynes family and Butler Freight on this exceptional partnership and are proud to have played a role in this significant transition.”
Established in 1950 by Neville Coyne and his father, Bob Coyne, Coynes began as a newspaper delivery business and has grown into a leading independent transport company specialising in wharf container cartage.
Over its 74-year history, Coynes has built a reputation for reliability and excellence in freight management.
Operating a modern fleet of over 70 vehicles including Super B combinations, B-doubles, sideloaders and prime movers, Coynes offers comprehensive services such as container cartage, warehousing, unpacking/packing and goods distribution.
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