Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Chempro NZ acquires Australian company to consolidate

Chempro NZ acquires Australian company to consolidate position in the chemicals sector

Chempro NZ is extending its reach in the chemicals sector, today announcing it has bought DG Logistics (DGL) in Australia.

Chempro is owned by well-known New Zealand businessman Simon Henry.

“We’ve had a long-standing business relationship with DGL and we’re delighted by the agreement to combine our chemical logistics businesses.”

Chempro will gradually assimilate DGL Australia with its New Zealand operation to create a trans-Tasman business reaching from Perth to Christchurch. The combined business will be known as DGL Logistics.

“It will very much be business as usual, with management and staff of both firms remaining in place, and there should be little apparent change to our respective work practices,” Henry said.

Chempro is a specialist chemical packaging, warehousing and logistics company operating from its own plants in Auckland and Wellington.

DGL was formed in 2000, and has warehouse operations based in all states of Australia, catering for general storage, pharmaceutical products, dangerous, hazardous, food grade, specific controlled temperate and general products.

The combined operation will have 20 sites throughout New Zealand and Australia with 100,000 metric tonnes of chemical storage capacity, employing 250 staff and producing annual revenues in excess of $120 million.

Henry has a diverse portfolio of business interests including a commercial and industrial property portfolio and water and waste treatment companies in New Zealand and Australia.

Born and bred in Rangiora, Canterbury, the one-time bee keeper first made the headlines when he began buying property after the infamous 1987 share market crash.

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Geothermal: World-Leading Silica Extraction Project

Geo40, in cooperation with Contact Energy and the Ngati Tahu Tribal Lands Trust, is this month set to start commercially extracting silica from geothermal fluid as part of a world-leading sustainable energy partnership. More>>

Electrical Vehicles: New Database of Charging Stations

EVRoam, a real-time database of public charging infrastructure, provides one view of a safe, reliable and interoperable public charging network for electric vehicles in New Zealand. More>>

ALSO:

FMA Mulls Legal Action: Customers Not Focus At Insurers

Most firms had processes in place to identify when a customer was being advised to replace life or health insurance... Generally, these processes seemed oriented towards reducing firms’ legal risk, rather than to identifying and mitigating risks for customers. More>>

ALSO:

Brands Sale To RJ's: Nestle Job Losses “A Bolt From The Blue”

E tū has about 200 members at the plant, where up to 55 workers could lose their jobs... Well-known Kiwi brands affected by the sale include Mackintosh’s, Heards, Black Knight liquorice, Life Savers and Oddfellows. More>>

ALSO:

'Sanctuaries': New Seabed Mining Project Threatens Endangered Species

Greenpeace is shocked to discover that a new seabed mining exploration permit has been awarded inside a Marine Mammal Sanctuary, and is calling on the Government to reject all attempts to mine the seabed. More>>

ALSO: