Refrigerated transport specialist, Hawk Logistics, has announced its acquisition of Farragher Logistics.
As part of the transition, Farragher Logistics’ experienced team of drivers and assets will join Hawk Logistics, bringing expertise that will strengthen the quality of service the company provides to its customers.
The strategic acquisition of the company expands Hawk Logistics’ service capabilities and national reach, reflecting its commitment to delivering reliable and efficient transport solutions nationwide.
Hawk Logistics CEO, Miguel Vitug, told Trailer the purchase of the 91-year-old company aligns perfectly with Hawk’s growth strategy.
“It really strengthens our service offering and helps expand our business, because along with the acquisition and the drivers, we’ve also acquired the customer base that Farragher’s has had for the last five to 10 years,” he said.
According to Vitug, the acquisition will also double Hawk Logistics’ road train operations in the east coast.
“We’re increasing our east coast to west coast movements by an additional six road trains a week on top of the five that we are already doing with the Hawk customer base,” he said.
“So, it really strengthens our footprint in Perth and business in the east coast by doubling our road train services.”
In terms of the new business, Hawk Logistics has acquired 40-plus assets and an extra 10 drivers.
In addition, it will have the support of Farragher Logistics’ former owner, Rory Farragher.
“For us, this acquisition has been in the making for a while now,” Vitug said.
“We’ve been working on negotiations, due diligence and integration for the last three months and it’s one of the many exciting things that have happened this year in the Hawk world.”
Last month, Hawk Logistics added more Performance-Based Standards (PBS) refrigerated trailers to its fleet.
