South Australian bulk and container firm Flinders Logistics has ventured interstate, acquiring North Queensland stevedore Townsville Bulk Storage and Handling.
As of July 1, 2017, Flinders Logistics took a 100% shareholding in TBSH, a supply-chain management, stevedoring, transport, customs, quarantine and warehousing business established in 2009.
Flinders Logistics parent company Flinders Port Holdings owns and operates seven ports in South Australia, including Port Adelaide.
Flinders Port Holdings boss Vincent Tremaine said the TBSH acquisition was “a strong and postivie step for Flinders Logistics”.
“Not only have we expanded geographically, but we have also expanded our skill base and can now offer fully integrated end-to-end supply chain solutions,” he said.
“We are now not solely a South Australian based company. This is a gateway to offer Flinders Logistics integrated logistics solutions across the country, and this is our first step towards that goal.”
Tremaine said TBSH would benefit from Flinders’ wealth of knowledge, covering bulk, general and container stevedoring, rail intermodal services and dust management and suppression.
“We are excited to welcome the Townsville Bulk Storage and Handling team on board the Flinders Port Holdings Group, and look forward to working together to continue to offer world-class supply chain management solutions in Northern Queensland.”