Border Express to merge with CouriersPlease under Singapore Post Ownership propelling the company into the top-5 largest logistics companies in Australia, by revenue.

7 Mar Blog

FMH Group’s latest move in the logistics sector is making waves as it finalizes its acquisition of Border Express and announces a merger with CouriersPlease, both under the Singapore Post umbrella. With a $210 million deal sealed, FMH Group CEO Simon Slagter anticipates the combined strength of these acquisitions propelling the company into the top 5 largest logistics firms in Australia, boasting an estimated annual revenue of $1.3 billion. The merger, while retaining brand identities and staff, promises to foster innovation and operational excellence, leveraging assets, scale, and technology to enhance efficiency and deliver value to clients.

Mark Luff, Border Express’s executive director of transformation, sees joining FMH Group as a strategic alignment that will fuel the company’s growth trajectory, building upon their existing success. CouriersPlease CEO Richard Thame echoes this sentiment, emphasizing the practical step towards operational efficiency that the merger represents. With the integration of talent and operational capabilities, the merger aims to provide even greater value to customers and drive shared success.