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Cargo Traders sold to Tigers

Thursday, September 27, 2012
Hong-Kong based global logistics company Tigers has taken over Cargo Traders in Australia.

Cargo Traders is an established customs brokerage and forwarder with operations in Adelaide, Melbourne and Sydney.

Commenting on the acquisition, Geoff O'Grady, managing director Tigers Global Logistics Australia said: "They are an accretive fit to the Tigers organisation in Australia and add Adelaide to our existing network, while strengthening all of our customs brokerage operations.

“All current staff at Cargo Traders have been retained, giving Tigers a sizeable presence in the South Australian market.”

Tigers is a US$600 million company headquartered in Hong Kong with operations in the USA, Europe, China and Australia. The company specialises in supply chain operations world-wide including transportation and value added logistics services.