SOLD. The business is an Australian-owned freight forwarder and customs broker with a track record of strong growth. GP growth of +16.8% in FY2020 vs. PY.

The business has a particular strength in the importing and exporting of food products, having had years of experience dealing with AQIS and IFIP.

• Established over 20 years
• Strong gross profit (GP) of $780k+ p/a (FY2020)
• Presence across Eastern Seaboard of Australia
• In-house Customs Broking

This business presents an excellent opportunity in particular for another freight forwarding or integrated logistics enterprise to acquire the business as a bolt-on acquisition, with likely synergies.

The business is based in Melbourne, Victoria.