Globavend Holdings to Acquire Top Logistics, Expanding Business Presence in Australia
Acquiring Company
Globavend Holdings Limited
Acquired Company
Top Logistics Australia Pty Ltd
PerthSydneyE CommerceSupply Chain ManagementLogisticsTransportationSupply Chain ManagementLogisticsFleet ManagementDescription
Globavend Holdings Limited has announced a non-binding MOU to make an equity investment in Top Logistics Australia Pty Ltd, a key one-stop logistics solutions provider in Australia. The strategic acquisition is intended to enhance Globavend's business presence in Australia and boost its performance by tapping into the thriving e-commerce market.
Quick answer
Globavend Holdings Limited is acquiring Top Logistics Australia Pty Ltd, announced May 29, 2024. Globavend Holdings Limited is based in Perth, Western Australia, Australia.
- How much did Globavend Holdings Limited pay for Top Logistics Australia Pty Ltd?
- The deal value was not disclosed.
- What does Globavend Holdings Limited do?
- Globavend Holdings Limited is an emerging e-commerce logistics provider offering end-to-end logistics solutions in Hong Kong, Australia, and New Zealand.
- Where are Globavend Holdings Limited and Top Logistics Australia Pty Ltd based?
- Globavend Holdings Limited is based in Perth, Western Australia, Australia. Top Logistics Australia Pty Ltd is based in Sydney, New South Wales, Australia.
Source: Fundz verified event record.
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- Radiant Logistics, Inc. completes acquisition of Cascade Transportation, Inc. to expand its operations (June 3, 2024)
- Delmar International Inc. acquires Intervracht Nederland BV to expand global logistics and distribution (May 13, 2024)
- ÖBB Rail Cargo Group acquires Captrain Netherlands b.v. to expand its network in the Netherlands (June 3, 2024)
- Charthouse Holdings completes acquisition of Pronto Freight Ways to expand supply chain solutions (May 21, 2024)
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Frequently asked
Who acquired Top Logistics Australia Pty Ltd?
Top Logistics Australia Pty Ltd was acquired by Globavend Holdings Limited, based in Perth. The deal was reported on May 29, 2024. Globavend Holdings Limited is an emerging e-commerce logistics provider offering end-to-end logistics solutions in Hong Kong, Australia, and New Zealand. Globavend Holdings Limited is publicly traded (GVH) and operates in E Commerce.
When did Globavend Holdings Limited acquire Top Logistics Australia Pty Ltd?
Globavend Holdings Limited's acquisition of Top Logistics Australia Pty Ltd was reported on May 29, 2024. Globavend Holdings Limited has announced a non-binding MOU to make an equity investment in Top Logistics Australia Pty Ltd, a key one-stop logistics solutions provider in Australia. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Top Logistics Australia Pty Ltd do?
Top Logistics Australia Pty Ltd is a full-service logistics provider headquartered in Sydney with a strong presence in Australia. It is privately held, operating in Transportation, and is based in Sydney.
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