Red­star com­pletes takeover of Zagami Transport

Australian Transport News - - News -

In­ter­state road freight oper­a­tor Red­star Transport has com­pleted the ac­qui­si­tion of Zagami Transport last month.

Al­though Red­star re­mains tight-lipped about the price of the pur­chase, it in­forms us that move was a re­sult of de­lib­er­a­tion over the past months, with the takeover con­clud­ing on July 3.

The pur­chase has re­sulted in Red­star gain­ing more than 250 prime movers and over 700 trail­ers that were pre­vi­ously op­er­ated by Zagami, Red­star di­rec­tor/owner Sean Wil­liams tells ATN.

Zagami Transport MD, Frank Zagami, has joined Red­star as a di­rec­tor and se­nior ex­ec­u­tive re­spon­si­ble of day-to- day op­er­a­tions as part of the deal.

With of­fices in Mel­bourne and Brisbane, Zagami op­er­ated its eet across Vic­to­ria and Queens­land. It was head­quar­tered in Laver­ton North.

While op­er­a­tions in Mel­bourne have been in­te­grated, Red­star is in no rush to in­te­grate the Brisbane op­er­a­tions.

“Zagami’s Mel­bourne’s op­er­a­tions have al­ready been merged with our Der­rimut lo­ca­tion, but we are not rush­ing with the in­te­gra­tion of op­er­a­tions in Brisbane,” Wil­liams says.

“It will be done as op­por­tu­ni­ties open up. We were cur­rently con­sid­er­ing op­tions at this stage.”

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