Cardinal Global Logistics has made a ‘strategic investment’ in Australian freight forwarder Seabridge, as it continues on the path of international expansion.
The Manchester-based logistics business, which has 10 regional offices and 12 overseas offices, will help Seabridge expand its presence in Australia and New Zealand, and bolster trade links with Asia.
Brian Hay, Cardinal Global Logistics Chief Executive, said: “If we opened our own offices in Australia and New Zealand, it would probably take us five to 10 years to achieve what Seabridge has done.
“We’ve been working with the team, as an overseas agent, for the past five years. They are an excellent cultural fit with our business, and we are looking forward to working with them to develop the market further.”
Seabridge was founded in 2011 by Entrepreneur Justin Todd and has grown from one office in Brisbane, to five locations across Australia and New Zealand, most recently opening its Auckland office in April 2020.
Managing Director, Justin Todd, said: “There are a lot of synergies between the businesses, from our cultures to operational processes, and how client relationships are developed and served.
“Cardinal Global Logistics has also made a significant investment in technology. That’s something we have a great interest in, and it makes commercial sense to have a like-minded partner.”
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Rebecca Morpeth Spayne,
Editor, International Trade Magazine
Tel: +44 (0) 1622 823 922