Bühler GmbHCoaltrans USAPort of StocktonOvetSailors SocietyThe Maritime Standards Awards 2018
  • Coaltrans USA
  • Multimodal 2018
  • TOC Events
  • MULTIMODAL 2019
  • The Mississippi Valley Trade & Transport Council
  • Sailors Society

LINX Cargo Care Group agrees to acquire Pedersen

LINX Cargo Care Group agrees to acquire Pedersen

(Posted on 26/07/18)

LINX Cargo Care Group, and its subsidiary C3 Limited, has announced that it has been successful in its bid to acquire Pedersen Group, a market leading provider of wood chipping and woodyard management services to pulp and paper mills, and forest owners in Australia and New Zealand.

Pedersen Group handles over 8.3 million tonnes per annum of wood fibre across its operations, in the form of logs, wood chip and hog fuel. The company employs 140 people across Australia and New Zealand and has an existing joint venture with C3 Limited, which provides wood yard management services to customers.

LINX Cargo Care Group is delighted to enter into a purchase agreement with Pedersen Group and take the next step in the evolution of both companies, which is expected to be completed mid-August.

Pedersen Group CEO Gavin Hudson said the conditional agreement reached this week will provide the Pedersen Group with an aligned and committed long-term owner, which will enable Pedersen Group to continue to focus on providing critical services to its customers.

“We are delighted to finalise this agreement with LINX Cargo Care Group. The acquisition of Pedersen Group by LINX Cargo Care Group will provide long-term stability for our employees and customers, and the operational and financial capacity to allow our business to pursue its growth aspirations”, Mr Hudson said.

Anthony Jones, Group CEO for LINX Cargo Care Group and Chairman of C3 Limited said the acquisition of Pedersen Group brings a complementary service offering to customers, including a highly skilled workforce who specialise in wood chipping and woodyard management.

“LINX, C3 and Pedersen share a long and rich history in the forestry industry. Our combined expertise and experience will provide an enhanced customer offering, further access to capital, and the opportunityto collaborate and collectively grow into the future,” he said.

“We are very excited to welcome Pedersen Group to LINX Cargo Care’s group of companies. Pedersen’s will enable our organisation to grow its services to forest owners and wood processing businesses. In addition, Pedersen’s capabilities and services complement C3’s existing customer offering and willextend our reach to a customer base in diversified global markets.

“The synergies and strategic alignment between Pedersen’s and C3’s forestry business is significant. Importantly, our company values are closely aligned, and we very much look forward to welcomingPedersen’s talented and highly skilled workforce to the team,” Mr Jones said.

Pedersen Group will continue to operate independently under the Pedersen brand following the completion of the acquisition, and all Pedersen employees will be retained by the new owner.

The Pedersen name has been synonymous with forestry processing solutions for nearly 40 years. Just 10 years after the company was established to produce roundwood for New Zealand Forest Products, the business expanded to include chip mills,supplying high quality wood chip to New Zealand’s major pulp and paper companies. Pedersen prides itself on being one ofthe only company’s in the world to successfully implement and run in-line to pulp mills, and have earned the reputation as‘operator of choice’ for innovative capital solutions. Pedersen employs more than 140 people across Australia and New Zealand and handles over 8 million tonnes of fibre annually for major global forestry organisations and pulp & paper mills.

LINX Cargo Care Group brings together the capabilities of four market-leading operations built on over 100 years of port and logistics experience. Together, LINX, Autocare, C3 and Geelong Port employs more than 3,800 highly-skilled professionals in 60 sites across Australia and New Zealand. The Group services a diverse range of industries right across the region, from agriculture, oil and gas, aluminium and automotive to marine, mining and resources, food and beverage and forestry. Every year, the LINX Cargo Care group of companies handles more than 11 million tonnes of bulk products, almost 2 million tonnes of steel and more than 30 million logs. They also transport more than 1 million new vehicles across Australia from shore todoor and process more than 500,000 vehicles for many of the region’s largest fleet operators. Owned by global alternative asset manager Brookfield and its investment partners (GIC, bcIMC, QIA), LINX Cargo Care Group has the regional capabilities and global connections to develop innovative, integrated supply chain solutions with sustainable growth opportunities.

Latest News

Rio Tinto 2018 iron ore shipments rise

(Posted on 22/01/19)

On the release of the company’s fourth quarter results, Rio Tinto chief executive J-S Jacques... Read more


Hard coal world trade in 2018 rises by 3.7%

(Posted on 22/01/19)

According to provisional calculations by the German Coal Importer Association (VDKi), hard coal world... Read more


HeidelbergCement portfolio optimisation

(Posted on 14/01/19)

HeidelbergCement has made good progress with the acceleration of its portfolio optimisation during the... Read more


New report for CCUS in Chinese power sector

(Posted on 14/01/19)

Over the last decade, China has become one of the champions for clean coal generation; transitioning... Read more


Rusal announces Chairman’s resignation

(Posted on 07/01/19)

UC Rusal, one of the world’s largest aluminium producers, has announced the resignation of Matthias... Read more


Rio Tinto completes sale of Grasberg interest

(Posted on 07/01/19)

Rio Tinto has completed the sale of its entire interest in the Grasberg mine in Indonesia for $3.5 billion... Read more


NGFA commends USDA

(Posted on 07/01/19)

The USA’s National Grain and Feed Association (NGFA) has commended the U.S. Department Agriculture... Read more


Cargill to end cocoa deforestation

(Posted on 19/12/18)

Cargill has outlined its plan to eliminate deforestation from its cocoa supply chain. The Protect Our... Read more


WCA responds to Global Status of CCUS report

(Posted on 19/12/18)

The World Coal Association (WCA) has welcomed the publication of the Global Status of CCS: 2018 report... Read more


Rio Tinto completes Dunkirk smelter sale

(Posted on 19/12/18)

Rio Tinto has completed the sale of its aluminium smelter at Dunkirk, France, to Liberty House for $... Read more


Coaltrans IndiaCleveland Cascades LtdTMS Tanker Conference 2018Multimodal 2018MULTIMODAL 2019TMS Awards 2016 winners
  • Coaltrans India
  • Cimbria Bulk Equipment A/S

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping