The $40 million-plus sale of the family-owned business marks the third major M&A deal involving a logistics company at Fremantle harbour in recent years.
Zenith Insurance Services, Dardanup Butchering Co, Austral Pool Solutions, Omni Dental and Forpark Australia were among numerous private WA companies to change hands late last year.
Total Green Recycling is joining the ranks of new recycler Scipher Technologies, in a deal backed by the Clean Energy Finance Corporation and the Australian Business Growth Fund.
Australian civil contractor Dowsing Group is set to double its turnover following the acquisition of two civil services businesses and an expansion into New South Wales.
Perth-based industrial services company Vertech Group has added to a string of acquisitions by purchasing a majority stake in APS, doubling annual turnover to more than $120 million.
The disability services organisation is increasing its services earnings in a bid to mitigate the loss of revenue from the National Disability Insurance Scheme.
Perth company Meercat, which counts some of Australia's largest businesses among its client base, is planning a global rollout of its RiskView software after being bought by Chicago-based VelocityEHS.
