Mayne Group has reopened talks with trade buyers for its $500 million logistics division, a move which will potentially scuttle a demerger of the business from its core healthcare operations.
The Linfox grouping has set its sights on Mayne’s Australian logistics division, which consists of the group’s warehouse and transport units, and Armaguard.
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Read MoreFKI plc today announces that FKI Logistex, through its Crisplant a/s operation, has won a AUD 35.1m contract to supply Australia Post with three automated high-speed sorting systems for parcel mail. Australia Post has decided to automate its parcel handling facilities by establishing three parcel centres in Sydney, Melbourne and Brisbane to maintain its position in the ever more competitive parcel handling market. FKI Logistex Crisplant has been selected as the main contractor for the supply of the sophisticated automated sorting systems for all three of the centres.
Read MoreAUSTRALIA Post’s 32,700 employees will be paid a $300 bonus each for a combined total of almost $10 million.
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