Successful sale of Glen Cameron Group to global logistics group DHL
Henslow acted as lead M&A corporate advisor to Glen Cameron Group on the divestment to global logistics group DHL. This transaction creates the third pillar in Australian logistics with combined revenue of over $1bn, marking an important milestone for DHL to continue a legacy in the Australian transport industry. This newly found partnership signals a new chapter of growth in the industry and provides DHL with the opportunity to leverage Cameron’s expertise in contract distribution and interstate transport.
)
)
The Glen Cameron Group was founded 47 years ago by Glen Cameron and has grown from one 8-tonne tray truck to a national business with over $350m of group revenue, a fleet of over 1,000 trucks and trailers and more than 820 employees and 500 sub-contractors.
Revenue
In Australian logistics
Fleet
Post-acquisition, the Glen Cameron Group will continue to operate and grow within DHL, leveraging DHL’s expertise and resources. The acquisition was part of DHL’s strategy to increase its presence and capability in Australia to build a stronger and more resilient Australian logistic operation.
"It has been a team effort and the Cameron team has benefited from some wonderful partners who have represented us in a most professional manner. We could never have imagined how difficult selling a business could be and could not have got there without the support of our internal and external teams. Thank you to Scott McInnes and the Henslow team for your assistance and advice over the years, you’ve been sensational."
Glen Cameron, Founder and Executive Chairman of the Glen Cameron Group
Backed and vetted by Henslow, unlock a selection of unique investment opportunities. Register an account to get started.
Investment hub
