Coda Group has sold its Mount Distribution Centre and Bay of Plenty transport operations to Booth’s Logistics, marking the second major divestment by the logistics provider this year.
The deal transfers a key part of Coda’s regional network to Booth’s, a long-established family-owned company with strong local ties.
“Coda Group is pleased to announce that our Mount Distribution Centre and BOP (Bay of Plenty) Transport Operations have been sold to Booth’s Logistics, a well-respected, family-owned logistics provider with strong local roots in the Bay of Plenty,” the company said in a statement.
“This move offers enhanced capabilities for our customers through Booth’s Logistics’ decades of experience, strong customer focus, operational excellence, and commitment to local heritage.”
The transition is expected to be completed by May 30. Coda says it remains “business as usual for our customers and partners, whom we greatly value,”.
“We couldn’t be more excited for the opportunities ahead as we continue Coda Group’s commitment to delivering high-quality service for New Zealand’s freight and transport needs,” the company says.
The announcement follows Coda’s sale earlier this month of its Auckland 3PL Transport, Auckland Freight Station (FAK), and Rolleston distribution centre to ACFS Port Logistics NZ, a division of Australian-based ACFS Port Logistics.
Coda said transitioning to ACFS was ensuring its Auckland 3PL Transport, Auckland Freight Station (FAK) and Rolleston DC had the scale, resources, and growth opportunities it needed to scale.
Coda said its freight optimisation (4PL) business and Savill Drive facility in Auckland, “is positioned for growth and will continue to focus on investing and pursuing strategic opportunities within the evolving logistics landscape”.
Coda Group was established in 2015 through the merger of five logistics firms—Tapper Transport, Priority Logistics, Metrobox, Metropack and DTL — and is a joint venture between Kotahi and the Port of Tauranga. The business was founded to offer a fully integrated solution spanning imports, exports, warehousing, freight hubs, and transport management.
For Booth’s Logistics, the acquisition continues recent national growth. Early last year, the company announced expansion of its Wellington footprint from three to six sites, and in August last year announced new depots in Auckland and New Plymouth to strengthen service capability across key freight corridors.
