Perth based Centurion will become the biggest heavy haulage company in the country with the purchase of $40 million worth of assets from the collapsed McAleese group.
Centurion bought 240 pieces of equipment, adding to its fleet of 1200 vehicles and bolstering its operations across Queensland, South Australia, Victoria and WA.
According to Centurion CEO Justin Cardaci, the purchase was a strategic decision and a rare opportunity to expand.
“As a well-established and trusted WA company, with more than 45 years’ experience in the transport and logistics arena, including heavy haulage, we have the capability to run a successful national business,” he said.
“This asset purchase will give us the platform to access new markets and grow our business nationally.”
Cardaci plans to continue to continue service existing and previous McAleese customers under the Centurion banner, targeting industries nationally that depend on the reliable and safe movement of large equipment, including mining, energy, infrastructure and construction.
“McAleese heavy haulage was once a highly successful business in its own right and we believe once we have transitioned these assets to Centurion, there is plenty of scope to re-establish this success,” Cardaci added.
Centurion’s new heavy haulage operation will be headed up by former part owner of McAleese Kieth Price, who according to Cardaci ran the business successfully until it was listed.
Centurion has been owned and run by the Cardaci family since it was founded in 1971.