Toll strengthens global freight network

News Story
- 21 Feb 2008 ( #348 ) - Australia
1 min read
Logistics giant Toll is on track to compulsorily acquire all remaining shares of Hong Kong freight forwarder BALtrans Holdings, following acceptances of its takeover offer exceeding 95% of the issued share capital last week.

Toll managing director Paul Little says the takeover of BALtrans is a key plank in his group's global freight forwarding strategy.

Toll intends to delist BALtrans following its acquisition of the remaining shares to make BALtrans a wholly owned subsidiary of Toll once the current offers close.

"Toll's priority now is to work with the management team on an aggressive growth strategy for the global freight forwarding business," says Little.
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Even the heaviest lifts must be easy to handle. That’s why N.C. Nielsen raises the bar in lifting capacity, maneuverability, operator comfort, flexibility and technical capabilities.
Heavy duty reach stackers – lifting capacity from 85 to 180 tons.
VIEW ALL OUR CUSTOM-BUILT HEAVY DUTY REACH STACKERS

Contact us now: +45 99 83 83 83 - www.nc-nielsen.com

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Even the heaviest lifts must be easy to handle. That’s why N.C. Nielsen raises the bar in lifting capacity, maneuverability, operator comfort, flexibility and technical capabilities.
Heavy duty reach stackers – lifting capacity from 85 to 180 tons.
VIEW ALL OUR CUSTOM-BUILT HEAVY DUTY REACH STACKERS

Contact us now: +45 99 83 83 83 - www.nc-nielsen.com

PREMIUM business

Libiao Robotics
Creating robotic warehouse solutions that automate and elevate your business.

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

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