Comment / M&A down under – eyes open for bargain basement deals

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A softening economy, an increasingly difficult operating environment and ageing transport company owners considering their options.

Are we about to see a flurry of (tier-three and four) transport deals in Australia?

Changing times

I was talking to the owner of a successful tier-three linehaul transport company, who I have known for years.

“I think I am over it,” he told me.

He is well into his golden years and faces reconstructive surgery next month with several months of rehabilitation.

“My operations Manager is flying to the ...