Shipping and logistics provider GAC Group has agreed to acquire Quadrant Pacific’s agency business.
By purchasing its former network partner, GAC New Zealand expands its operations by directly managing ship agency services at all ports across the country.
Scott Henderson, managing director for GAC Australia and GAC New Zealand said: “Quadrant Pacific has been an invaluable partner over the years, and we appreciate the opportunity to integrate their expertise into our operations. This acquisition aligns with our commitment to delivering top-notch service to our customers across all sectors of the market.”
Quadrant Pacific director, Alistair Skingley said: “QPL and GAC have enjoyed a strong relationship, with QPL acting as Agent in New Zealand for GAC for over 16 years. This agreement will allow us to focus on our core business areas of domestic and international shipping, cargo management and logistics, while providing continuity to our customers with the support of one of the largest global agency networks.”
The acquisition will be finalised by July 1, 2024, with integrating agency staff members from Quadrant Pacific into GAC New Zealand’s operations.
