Two mainstays of the Australian heavy haulage industry have announced their imminent merger.
Hunter Valley-situated Hogan’s Heavy Haulage is set to be acquired by Bower’s Heavy Haulage.
The proposed acquisition of Hogan’s Heavy Haulage gives Bower’s Heavy Haulage a major stake in the region’s coal mining and civil industries the latter said in a statement.
“The merger with Hogan’s Heavy Haulage adds to our NSW presence and national footprint and like our other business; it is an established family business with a reputation for great service to its customers and an excellent safety record,” said Daniel Bower, Bower’s Heavy Haulage Managing Director.
“Hogan’s Heavy Haulage has led the way for many privately held transport companies in NSW since they began trading over 25 years ago. They are a highly respected company and have always demonstrated their appreciation of all individual roles within the transport and heavy haulage industry and their involvement will be heavily missed,” he said in the statement.
“We have had an incredible relationship with Hogan’s Heavy Haulage for almost 15 years with the working relationship between the companies going back even further for my father and grandfather. We are saddened to lose this working partnership, but we are excited for the Hogan’s family to be moving towards their well-earned retirement from the industry.”
Settlement is targeted for the end of the month.
The purchase for Bower’s Heavy Haulage follows two major acquisitions in the Hunter Valley over the past seven years with the acquisition of the Boom Logistics’s Hunter Valley transport fleet in 2015 followed by Tutt Bryant Heavy Lift and Shift in 2018.
As specialists in transport for both large and small freight, Hogan’s Heavy Haulage offers a dedicated service 24 hours a day, seven days a week.
Its clients range within New South Wales, Victoria and North Queensland for whom it can offer a variety of low loaders, tilt trays and other trailers towed, in the main part, by Mack and Volvo prime movers.
Hogan’s Heavy Haulage specialises in transporting mining machinery and associated equipment, earthmoving and farming machinery and heavy industrial components.
“We want to take this opportunity to say thank you and express our gratitude to Gary, Yvonne, Tanya, Jason, Sonya and their families for trusting us to take forward one of your life’s greatest achievements,” said Bower.
“We are very grateful for the relationship we have had in the past, and the opportunity to continue this into the future. We are confident we will continue Hogan’s Heavy Haulage at the level you did and aim to make you proud of what you created when you see your legacy still on the road.”