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Bansard enters the Australian market through the acquisition of a stake in Cargoline

22 May 2019 | Australia | Corporate

Bansard International has recently acquired a stake in Cargo Line International, thus becoming a shareholder of the Group. This new chapter of Bansard's history is one of opportunities and expansion. Here’s what is set to change.

Bansard enters the Australian market through the acquisition of a stake in Cargoline

It has been made official on May 16th 2019, right after the two parties enacted it earlier the same day, upon common agreement : Bansard international Group is now a shareholder of Cargo Line International Group. This is the result of several years of profitable collaboration between the two companies. It is also Bansard's first ever concrete link to the Australian market, which constitutes yet another great milestone in the Group’s history.

Cargo Line International is an Australian freight forwarding company that was founded in 1994 by M.Detlef Kappel. The Group prides itself on having ‘the agility of a small company with the ability of the largest’, which reminds of the way Bansard uses to describe itself. It provides multi-modal freight forwarding, customs brokerage and consultancy, transport solutions, special project services as well as advanced warehousing and distribution capabilities.

CEOs

From left to right : Chris CARGILL (Cargo Line Non-Executive Director), Simon PINTO (Bansard International President) and Detlef KAPPEL (Cargo Line President)

 

What this brings for Bansard is an opportunity to develop its network and broaden its market presence in Australia and its surrounding region, a land in which it had never set foot before. This new situation allows for Bansard to make use of Cargo Line’s warehousing capacity and distribution network efficiency in the cities of Sydney, Perth, Melbourne, and Brisbane. We are convinced that this new opportunity will be a key to development and success for Bansard International Group in the years to come !

Bansard International is a global freight forwarder delivering transport, logistics, IT and Supply Chain. We are based in 15 countries, have over 600 employees, do over 100,000 shipments/year and have over 205,000 sqm of warehouses throughout the world . Our transport capabilities include air freight (31,500 tons/year), sea freight (71,000 TEUs/year), rail freight and international road. We deliver solutions worldwide.

 

 

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