Settlement of SLTG Acquisition

1 November 2018
Company Announcement

330 Devon St East, New Plymouth
NEW ZEALAND WIDE | NATIONAL & INTERNATIONAL FREIGHT AND LOGISTICS


TIL Logistics Group Settles Specialised and Heavy Haulage Freight
Acquisition

New Zealand freight and logistics company, TIL Logistics Group Limited (NZX: TLL), has settled the
acquisition of Specialised Lifting and Transport Group (SLTG), which comprises a group of leading
New Zealand businesses providing heavy haulage and specialised freight services – Tranzcarr
Heavy Haulage, Machinery Movers and Huge Movers.

The acquisition offers a number of synergies, expands TIL Logistics’ nationwide heavy haulage
freight offering and provides entry into a new sector for the company, the moving of large
machinery.

The acquired businesses are currently generating around $15 million in annualised revenues and
are expected to be immediately earnings per share (EPS) accretive.

ENDS

For further information and media assistance, please contact:

Alan Pearson
Chief Executive Officer
Phone: +64 6 7559457
Email: alan.pearson@til.kiwi

Jackie Ellis
Media Liaison
Phone: + 64 27 246 2505
Email: jackie@ellisandco.co.nz

About TIL Logistics Group Limited (TLL)

TLL is one of the largest domestic freight and logistics businesses in New Zealand, with a
nationwide network of branches, depots and warehouses. TLL’s activities include transporting and
warehousing freight throughout New Zealand and co-ordinating freight movements offshore with
the assistance of international alliances. TLL also has a specialist road tanker division which is one
of the largest operators in the New Zealand fuel delivery market.