Panalpina will integrate long-time partner in Australia

Panalpina, the global transport and logistics Group, will fully integrate its partner Apollo in Perth, Southwest Australia. The set-up ideally complements Panalpina’s already existing office which focuses on industrial projects and the oil and gas business.

After the acquisition of Apollo Forwarding in Adelaide last year, Panalpina will now incorporate another long-time partner company, Apollo in Perth. Although having traded under the same name, the two companies have never been related to each other.

Panalpina Australia and Apollo Perth commenced their partnership in 1997, with Apollo Perth having acted as Panalpina’s agent both locally and globally. Jörg Granzow, Panalpina’s Area Managing Director Oceania, explains why Panalpina decided to deepen the partnership by acquiring Apollo: “Our existing office in Perth focuses on industrial project forwarding and services for the oil and gas industry. By adding Apollo to our organization, we can now offer the entire forwarding and logistics product portfolio under one roof and as one Panalpina unit. This refers particularly to local services such as customs clearance and distribution. Apollo Perth, whose management will stay on board, will benefit from Panalpina’s global network, and our existing Oil & Gas and PanProjects customers have one point of contact for all their needs, be it ocean freight, air freight, local services or tailor made industry solutions. With the acquisition we move closer to the customers and at the same time improve our processes” he says. The impact on the Group’s revenues and customer portfolio will not be substantial.

Karl Weyeneth, Panalpina’s Chief Operating Officer and member of the Executive Board, elaborates that “the Western Australian market is becoming more and more important, particularly due to the increasing oil and gas and mining business. Obviously, we are determined to take full advantage of this growth”, he makes clear. “As one Panalpina unit we can also use synergies when it comes to further develop our industry specific transport and logistics solutions, both for local and international customers”, he adds.

The Panalpina Group

The Panalpina Group is one of the world’s leading suppliers of forwarding and logistics services, specializing in end-to-end supply chain management solutions and intercontinental air freight and ocean freight shipments. Thanks to its in-depth industry know-how and state-of-the-art IT systems, Panalpina provides globally integrated door-to-door forwarding services tailored to its customers’ individual needs. The Panalpina Group operates a close-knit network with some 500 branches in over 80 countries. In a further 80 countries, it cooperates closely with partner companies. Panalpina employs approximately 15,000 people worldwide.

For more details, please contact:

Media Relations Investor Relations
Martin Spohn Jürg Vogt
Tel. +41 61 226 11 66 Tel. +41 61 226 15 44
martin.spohn@panalpina.com juerg.vogt@panalpina.com

Further information is available at www.panalpina.com

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