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Cardinal Global Logistics in Australian investment as part of Asia expansion

Cardinal Global Logistics in Australian investment as part of Asia expansion

Another day, another bit of M&A. Today’s news is that the UK’s Cardinal Global Logistics has made a “strategic investment” in Australia’s Seabridge to boost its presence in Australia and New Zealand and support trade links with Asia. Cardinal has worked with Seabridge for the past five years. The Australian forwarder has five domestic locations and opened in Auckland last year.
Brian Hay, Cardinal group CEO, said it had only bought …

The post Cardinal Global Logistics in Australian investment as part of Asia expansion appeared first on The Loadstar.


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21 July 2021, 14:56