Scan Global Logistics Acquires Australian Pioneer International Logistics as Part of Strategic Pacific and Australian Expansion

STOCKHOLM,Jan. 16,2020 -- We are pleased to advise that as of 15th January Scan Global Logistics has acquired Pioneer International Logistics (PIL) and welcomes the company and employees into the SGL-family. PIL is uniquely positioned in the Australian market with a strong market presence,proven business model and impressive growth since inception in 2010. The acquisition of PIL is a very important step forward,strengthening Scan Global Logistics Australia and the organization more broadly.

"Scan Global Logistics has been present in Australia since 1998,and in 2018 initiated an ambitious expansion into the Australian logistics market with the acquisition of Kestrel Freight and Customs. With the acquisition of Pioneer International Logistics we are taking the next step in that plan. We have been talking to PIL since early 2019 and we are very pleased to finally be able to welcome PIL to the Scan Global Logistics Australian family," Says Søren Madsen,CEO,Pacific Region at Scan Global Logistics.

With PIL as part of the SGL Group,we strengthen our service offering to Australian and Pacific customers,with existing customers of Pioneer International Logistics benefitting from enhanced capabilities including added expertise,technology,network,and e-commerce platform.

"We are very pleased to become a part of Scan Global Logistics,a company with a culture and values that align with ours. Prior to being approached by SGL in early 2019 we were reviewing our options for future proofing our business so that we would be able to maintain our client relationships and grow market share in a changing competitive landscape. We saw that we needed to address the areas of E-Commerce,Technology,environment and sustainability. SGL is able to provide that support with additional financial strength - We see joining SGL as a natural evolution for our business which will strengthen our service and capabilities for existing clients and allow us to address a broader market" says Rob Erskine,co-owner of Pioneer International Logistics and future MD at Scan Global Logistics Australia.

The three co-owners and key management team of PIL will continue with SGL Australia with Rob Erskine as MD,Rod MacPherson as Commercial Director and David Cooke as COO,ensuring the continuation of PIL's dedication and commitment to customer outcomes.

CONTACT:

For additional information,please contact:

Søren Madsen,pacific Region Scan Global Logistics

Mobile: +61 439 958 738

Email: sorm@scangl.com

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https://mb.cision.com/Public/17398/3009232/84fd82769d184781_org.jpg Rob Erskine,Pioneer International Logistics & Søren Madsen,Scan Global Logistics