Arrow Transport and Logistics, the fifth largest container transport operator by volume at the Port of Melbourne, has acquired Sydney Sideloaders, a top ten container transport operator at the Port of Sydney.
This acquisition is part of Arrow’s ongoing strategy to grow its business by providing its clients with a greater range of services in a greater number of ports around Australia.
This acquisition is reported to give Arrow an excellent footprint to commence its operations in Sydney and enables it to extend the high level of service for which it is renowned in Melbourne into the Sydney market.
Sydney Sideloaders operates primarily from its site at the corner of McCauley Rd and Botany Rd, directly opposite the Port of Sydney terminals.
Chris Divis, Director of Sydney Sideloaders, will stay on with Arrow after the acquisition as Port Logistics Manager NSW. Other members of the current operational team at SydneySideloaders will also join the Arrow team.
In addition, Arrow will reportedly move some staff from Melbourne to Sydney to assist with the integration.
“We are very pleased to have concluded this transaction with Arrow,” said Divis. “We look forward to being part of a larger, growing organisation that has the same focus on customer service that Sydney Sideloaders has always had.”
“We are extremely pleased to have had the opportunity to acquire Sydney Sideloaders,” said Arrow Managing Director Craig Webster.
“The operation will complement our existing business extremely well and enable us to provide a greater level of service to new and existing clients in both Melbourne and Sydney,” he said.
The acquisition is expected to be completed 2 September 2019.