CRT Group has acquired family-owned logistics companies Golden Bros.
CRT Group provides national specialised transport and logistics solutions to customers in the polymer, food and industrial sectors, with six national distribution centres and employing over 300 personnel.
CRT Group became part of Australian logistics giant, QR (Queensland Rail) in 2005. The announcement supports the national expansion strategy of Queensland Rail, to provide a fully integrated national logistics service to the Australian marketplace. Queensland Rail operates in every mainland state in Australia and is the nation’s largest rail company.
According to Cameron Dunn, CEO of CRT Group, the acquisition of Golden Bros is an exciting move that will bring about many synergies.
Cameron Dunn said, “Prior to 2005, CRT Group was a family owned business and as such shares a strong affinity with Golden Bros, who have grown organically as a national business, whilst still maintaining a strong customer focus.”
Golden Bros is a privately owned national logistics business that has provided specialist services to the plastics and chemicals industries for over 25 years. The company manages seven distribution centres across Australia, with a dedicated fleet and employing over 60 personnel.
Dunn explained the significance of the acquisition as part of CRT Group’s strategy to grow the business and provide a high level of service to an expanding customer base.
Dunn said, “It is an exciting time, as the acquisition of Golden Bros will provide sustainable growth through the expansion of our business both geographically and also through the diversification into market sectors such as dangerous goods.”
Dunn added, “The strong foundation upon which the Golden Bros business has been built will enable CRT Group to offer an extensive range of services nationally”.
Golden Bros founder, Doug Golden who will work with CRT Group to facilitate the smooth assimilation of the companies, welcomed the acquisition.
Doug Golden said, “Both Golden Bros and CRT Group share a strong commitment to providing a superior service and we look forward to becoming part of an expanding national business”.
“We are proud of what we have achieved over the past few decades and look forward to continuing to provide a premium service to the marketplace”.