Good Fellows Group - Easy Logistics
The Directors of Hall’s Refrigerated Transport announced that they have taken a 51% interest in the Goodfellow Group company Easy Logistics.
The investment creates a New Zealand wide temperature controlled transport, storage and logistics company that will allow the consolidated entity to offer a fully integrated temperature controlled supply chain solution to customers needing such service within Auckland.
The Board’s of both companies agree that there are tremendous synergies associated with this partnership as it harnesses the strengths of Hall’s transportation which consists of 11 regional depots, 250 trucks & trailers and 100 rail intermodal units with Easy Logistics who hold number two position in the Auckland cold storage market with 10,000 pallets of cold storage and 12,000 pallets of ambient.
CEO for Hall’s Alan Pearson stated “We are excited by this investment as it allows Hall’s to realise a key action of our Strategic Plan to combine our temperature controlled transport capability with cold storage. A Greenfields investment would have been time consuming, costly and introduced additional capacity into a market that is already well served. Easy Logistics are the number two player in the Auckland cold storage market, however previously lacked the transport feeder assets and capability to assist their storage service offering to customers. Both New Zealand owned and operated companies will benefit from this partnership.”
I am sure all employees will see this investment as a positive action in the growth of our company.
