Skyroad and Wallenborn Tie the Knot
Luxembourg based Wallenborn is acquiring a shareholding in Skyroad Logistics adding Oceania to the fastest growing Road Feeder Service network which already provides extensive coverage in Europe and the Middle East.
The agreement brings together Australia’s Premium and Europe’s Largest Air Cargo Road Feeder Service (RFS) Providers. Strategic investment will expand the fleet and facilitate development of new products and services for the Australian market. Skyroad Logistics held its ‘Next Chapter’ customer and supplier event at Butler Lane in Melbourne on Friday 11 November 2022 attended by many of its major customers and key supplier partners from around the world.
Key to Skyroad’s Next Chapter was the announcement that Wallenborn has entered into an arrangement to acquire a shareholding in Skyroad Logistics, the market leading Road Feeder Service in Australia. Peter Assel who co-founded the business will remain as a shareholder and will remain as Managing Director. The agreement covers Air Cargo RFS, Express Transport and Project Transport service offerings. Skyroad Logistics will continue to operate from its head office in Melbourne, and service depots in Sydney and Brisbane.
Frantz Wallenborn, President & CEO at Wallenborn Transports commented: “Skyroad is a perfect fit in our portfolio of quality-focused organisations providing a full spectrum of products and services. They are pioneers- for example the first TAPA TSR certified company in Australia- and their “can-do” spirit has dramatically changed the air-cargo landscape since 2015.”
“Strategically, this is the latest step in our mission to consistently provide a broad range of products and services to our key accounts with more acquisitions on the horizon. We’re already number one in Europe and the Middle East and now we’ll be delivering new benefits and opportunities for our customers in Australia.”
Skyroad Group Managing Director Peter Assel said “the company had achieved its goal of market leadership in Road Feeder Services in Australia within just seven years, and with strong growth and a strong future investment plan in place including record fleet orders from Kenworth, it was timely to seek further investment partners.”
“Since my co-founder Anthony Clark passed away from cancer early in 2020 my focus has been on our goals and our company vision. However, with our rapid expansion, it was obvious I needed a partner and Wallenborn ticks all the boxes with a similar customer profile, an ambitious business plan and the expertise to scale up.”
“It was especially apparent to me that Frantz Wallenborn held very similar values with respect to customer service, striving for the best even with strong challenges before them, and providing strong value to customers. His executive team were a great fit during our discussions, and their long term service with Wallenborn made me confident we can work together to extend the high standards of Wallenborn to the other side of the globe. We also intend to rapidly leverage off the Wallenborn knowledge and quality management to bring even better services and capabilities to Australia and to extend our lead in service capability. “
“Wallenborn recognises the strengths of Skyroad and how we have made such a difference to RFS and time critical transport markets in Australia. Those strengths will remain unchanged with our strong commitment to company owned fleet, great suppliers such as Kenworth, Cummins, and Thermo-King, and of course our commitment to sustainability.”
SKYROAD COMPANY INFORMATION
Skyroad Logistics was founded in 2015 specialising in Road Feeder Service and wholesale transport and logistics services for freight forwarders, airlines and air cargo charter operators. Skyroad Group operates flight legs for airlines and air cargo operators with a network covering all major capital city airports across Australia.