30 May 2011
P&O Trans Australia Aquires Mackenzie Intermodal Group
P&O Trans Australia Reaches Agreement to Acquire Mackenzie Intermodal to Broaden its South Australian Operations
On Wednesday May 25, 2011, Qube’s (ASX; QUB) port logistics division P&O Trans Australia (POTA) reached agreement to acquire Mackenzie Intermodal Group a South Australian based integrated transport business. The transaction will be finalised July/August 2011.
P&O Trans Managing Director Paul Digney said the acquisition is ‘an exciting opportunity to further grow the POTA/Qube presence in South Australia’.