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News: Lindsay Australia acquires Queensland transport company

  1. Lindsay Australia (ASX:LAU) has entered into an agreement to purchase trucks and other assets of Haack’s Transport, as well as assume a lease of its premises located near Tully, North Queensland, for about $600,000.

    Haack’s Transport is a provider of refrigerated and general transport, warehousing and distribution services and has a turnover of approximately $5 million per annum.

    The acquisition is part of the company’s ongoing strategic focus on providing specialist services to rural suppliers.

    Its principal Eric Haack will be engaged as a consultant for a period of two years to assist in marketing, customer transition and expanding the customer base.

    Lindsay Australia is an integrated transport, logistics and rural supply company with a focus on servicing customers in the food processing, food services, fresh produce, rural and horticultural sectors.

    Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

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