New Zealand-based logistics provider Coda Group has sold its Auckland 3PL Transport, Auckland Freight Station (FAK), and Rolleston distribution centre to ACFS Port Logistics NZ Limited for an undisclosed sum.
The transition is expected to be completed by May 1, 2025. Coda says the change does not impact its 4PL, Bay of Plenty and Savill Drive, Otahuhu, operations.
Coda Group was established in 2015 to provide a fully integrated logistics solution spanning imports, exports, warehousing, freight hubs, and freight management for the New Zealand market.
If was formed through the merger of five leading logistics businesses including Tapper Transport, Priority Logistics, Metrobox, Metropack and DTL to become a joint venture between Kotahi and Port of Tauranga.
ACFS Port Logistics, founded by Terry and Arthur Tzaneros in Australia, has built a reputation as a highly successful, family-led business offering “port to final-mile” container freight solutions.
Since its inception in 2005, ACFS has expanded its network across all major port cities in Australia and become the largest privately owned container logistics operator. ACFS entered the New Zealand market in late 2023.
“Our 3PL business has thrived by leveraging deep expertise and strong customer relationships,” Coda Group chief executive Deena Clarkson says.
“By transitioning to ACFS, we’re ensuring our Auckland 3PL Transport, Auckland Freight Station (FAK) and Rolleston DC has the scale, resources, and growth opportunities it needs to excel in the increasingly competitive freight sector,” she says.
Meanwhile, ACFS chief executive and managing director Arthur Tzaneros says he’s “honoured to welcome Coda Group’s 3PL freight and logistics team into the ACFS family”.
“Coda’s capabilities, overall service offering, reputation and specialist knowledge replicate our existing capabilities in Australia, and together we will provide an even more compelling value proposition for customers throughout New Zealand as we look to aggressively expand our presence as a major containerised logistics provider.”
The remainder of Coda Group, including its freight optimisation (4PL) business, “is positioned for growth and will continue to focus on investing and pursuing strategic opportunities within the evolving logistics landscape”, the company says.
