South Australian ports operator Flinders Port Holdings (FPH) today acknowledges the Australian Competition and Consumer Commission (ACCC) decision to approve the sale agreement for the divestment of Flinders Logistics & Pirie Bulk to national freight operator Aurizon.
The sale agreement for the divestment will unlock significant strategic value for FPH, while allowing it to reinvest in critical infrastructure and expansion projects to drive increased capacity and efficiency.
It will also enable us to work together to leverage Aurizon’s extensive rail network and expertise in logistics, coupled with Flinders Ports’ understanding of port operations and customer needs.
The divestment of Flinders Logistics and Pirie Bulk to Aurizon aims to promote trade growth through South Australia’s key ports, building a commercial relationship, while leveraging Aurizon’s extensive rail network and logistics expertise with Flinders Ports’ deep understanding of port operations and customer needs.
Further information in relation to the ACCC’s decision is available on the ACCC’s public register or Click Here to read the ACCC media release.
