Comment / Another chapter of Toll Group's legacy – distressed NZ Logistics up for grabs

ID 18164931 © Pariwatlp | Dreamstime.com

One of our supporters, recently commenting on a great piece of work by our Mr Joy on Team Global Express (TGE), warned about what could come next:

“We await the release of the NZ Logistics Holdings results, formerly Toll NZ & also owned by [Team Global Express owner] Allegro, shortly to complete the full view of the horror-show.”

Sadly…

Those remarks proved accurate.

The portfolio includes entities outlined in the screen grab below (click to expand it) that are controlled by restructuring shop ...