TR Group is expanding its Australian operations with the acquisition of Perth-based transport business Axle Hire.
The purchase, effective from December 1, aligns with TR Group’s nationwide expansion strategy, adding to an existing presence in Melbourne, Brisbane and Newcastle.
TR Group Australia general manager Peter Irwin says the deal is a strategic move.
“We recognise the importance of the Perth market to Australia and have spent significant time considering the best way for us to enter the market.
“We believe that the acquisition of Axle Hire provides an excellent springboard to success and look forward to welcoming our new Perth team into the TR Australia family and the opportunity to deliver our expertise and genuine customer focus to Western Australia,” Irwin says.
The acquisition will see the addition of around 250 vehicles growing TR Group Australia’s fleet to over 2000 trailers and over 300 prime movers.
The Kiwi-owned company now has over 20 categories of trailers in Australia, including PBS-approved A-double combinations (fully permitted in accordance with NHVR regulations) and a new fleet of prime movers and refrigeration trailers providing solutions for a wide range of transport tasks.
