Processing timeline
21
days
Acquirer(s)
KALARI PROPRIETARY LIMITED ABN - 14 004 595 395
Target(s) or Vendor(s)
DEGUNST TRANSPORT PTY. LTD. ABN - 12 089 249 329
Other parties
QUBE BULK PTY LTD ABN - 13 138 868 756
Qube Bulk subsidiary Kalari Pty Ltd is acquiring the Gracemere Operations assets of De Gunst Transport Pty Ltd. This asset sale involves De Gunst's Central Queensland mine transport and logistics business, providing freight and haulage services for mine resupply to the Australian mining and resources industry.
Kalari Pty Ltd ( Kalari ) provides bulk logistics services for the Australian mining and resources industry. Kalari is a subsidiary of Qube Bulk Pty Ltd ( Qube Bulk ), which provides a range of bulk logistics and supply chain services across Australia. Kalari’s services are focused on ‘mine-to-market’ and mine resupply solutions, offering a range of mine, road, rail, storage, port and ship services. Qube Bulk handles various bulk commodities including bulk ores, concentrates, mineral sands, salt, coal and dangerous goods across Australia. Qube Bulk’s parent company is Qube Holdings Limited ( Qube ). De Gunst Transport Pty Ltd ( De Gunst ) is a private logistics and transport company, providing freight and haulage services across Queensland. It is solely owned by its founder, Mr Bob De Gunst, who has a range of business interests including in sugar, transport and logistics, and property. De Gunst operates across the Central Queensland coalfields providing transport services for mine resupply, predominately involving the transport of SSAN for explosives suppliers, mining companies, and drilling and blasting service providers using bulk tipper trailers and tanker trailers. The Acquisition relates only to the assets and operations associated with the mine transport and logistics activities of De Gunst, which operates from a site in Gracemere, Queensland ( Gracemere Operations ). The Acquisition will occur as an asset sale involving substantially all of the assets used by De Gunst in its Gracemere Operations. These include: a fleet comprising prime movers, trailers (including some tanker trailers), forklifts, and other equipment (such as dollies and utility vehicles), a depot located in Gracemere, all inventory (including parts, tools and consumables) at the Gracemere depot, certain vendor contracts and agreements (e.g., supplier agreements), and a number of customer contracts and employees.