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Completion of Allied Express Transaction

M&A30 September 2022FRWIndustrials

NZX Announcement
30 September 2022

Completion of Allied Express Transaction

On 22 August 2022, Freightways announced it had entered into a transaction with Allied

Express Transport Pty Ltd (Allied Express) and its shareholders to provide a significant entry

point to the Australian market for Freightways’ Express Package Division.

Freightways is pleased to announce that the transaction completed today. Freightways’ Chief

Executive Officer, Mark Troughear, said “We are pleased to have completed the Allied

Express transaction and look forward to working alongside the Allied Express founder, Colin

McDowell and his team, to grow a scale courier and express freight business in Australia”.

For further information please contact:

Mark Troughear

CEO

Freightways Limited

Ph: +64 9 571 9673

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