DB Schenker & SB Global Logistics joining forces to serve New Zealand customers

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After being an integral part of SB Global Logistics’ business for more than two decades, DB Schenker and SB Global Logistics have entered into a definitive agreement under which DB Schenker will acquire SB Global Logistics from 24th September 2017.
Mark Harrison, Director of New Zealand, DB Schenker AU/NZ commented, “DB Schenker NZ has enjoyed a 20 year relationship with SB Logistics, from which we have seen both companies grow together off the back of mutual respect and confidence in service. This relationship has endured through many challenging global climates, always showing resilience and trust in achieving the foundations of our agreement. The backbone of this relationship has led us to today where we begin our process of merging the two organisations with absolute confidence given our extensive knowledge of how each work.”
With this acquisition, DB Schenker NZ will extend their presence into the South Island, strengthening their offering to customers and becoming a truly national operation. DB Schenker’s global network, now servicing both the North & South Islands, will be supplemented by SB Logistics’ local strengths adding an additional 50+ staff to the New Zealand operation along with a state of the art facility in Christchurch which opened in 2014.
“This purchase has been well thought out with due consideration to the future of SB Global Logistics business, staff and customers”, said Stephen Bateman, Director, SB Global Logistics. “SB Global Logistics Christchurch has grown over the past 27 years to become a well-respected and trusted organisation. This is a credit to a team of people who have shown tremendous dedication and resilience, and always striving to achieve a high level of service”.
The operations of SB Global Logistics Christchurch will continue ‘business as usual’ under new owners, DB Schenker, ensuring that customer requirements continue to be met. SB Global Logistics’ management team, will remain in the business and ensure a smooth transition.
Questions & Answers
Q.When will DB Schenker officially complete the acquisition of SB Global Logistics?
When will DB Schenker officially complete the acquisition of SB Global Logistics?
DB Schenker will acquire SB Global Logistics from 24th September 2017. This marks the date the definitive agreement comes into effect, beginning the process of merging the two organisations.
Q.What is the primary strategic benefit of this acquisition for DB Schenker in New Zealand?
What is the primary strategic benefit of this acquisition for DB Schenker in New Zealand?
The acquisition allows DB Schenker NZ to extend its presence into the South Island, becoming a truly national operation. This strengthens their offering by combining global reach with SB Logistics' local strengths.
Q.How will the acquisition affect the existing staff and management at SB Global Logistics?
How will the acquisition affect the existing staff and management at SB Global Logistics?
The operations of SB Global Logistics Christchurch will continue as usual, with its management team remaining in the business. This approach is intended to ensure a smooth transition and meet customer requirements.
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