Brambles Limited

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Brambles Limited
RevenueUS$5.7 billion (2023)
US$1.072 billion (2023)
US$703.3 million (2023)
Number of employees
12,000 (2023)
Websitewww.brambles.com

Brambles Limited is an Australian company that specialises in the pooling of unit-load equipment, pallets, crates and containers. It is listed on the Australian Securities Exchange.

History

Brambles traces its history to 1875, when Walter Bramble established a butchery business in

Australian Government. This same year the company changed its name to Brambles Industries Limited and moved its head office from Newcastle to Sydney.[1][2]

In 1970, Brambles entered the waste disposal market with the purchase of the Australian subsidiary of Purle Brothers Holdings.

Port Jackson & Manly Steamship Company. Brambles main interest in the business, was a 50% shareholding in Tidewater Port Jackson Marine, which operated six platform supply vessels.[6] Following a threat by Brambles to withdraw the loss-making Manly ferry service, the Public Transport Commission took over the service in December 1974.[7] In 1975, Brambles formed an 80:20 joint venture with UK company Guest Keen & Nettlefold (GKN) to bring CHEP to the United Kingdom.[2][8]

In July 1984, Grace Removals was purchased.[9] In 1988, Brambles became the largest private rail wagon operator in Europe acquiring Groupe CAIB of Brussels and Procor's United Kingdom business.[10][11][12] In 1996, Brambles Transport Services was sold to Toll Holdings.[13]

In June 2000, Brambles sold its Eurotainer container business to

Chubb Security.[16][17]

In August 2001, the support services activities of GKN (which included interest in CHEP and Cleanaway) were merged into a separate company, Brambles Industries plc (listed on the London Stock Exchange) which then entered became a dual-listed company with Brambles Industries Limited.[2][18][19] In December 2001, the Wreckair equipment hire business was sold to Coates Hire.[20]

In March 2002, the United Transport and Brambles Project Services businesses were sold to

Victorian Reliance, was sold to Toll Holdings.[24][25]

In 2006, the company's Australian waste management business, Cleanaway Australia and its Brambles Industrial Services business were sold to Kohlberg Kravis Roberts.[26][27] Cleanaway UK was sold to Veolia.[27][28] Following these divestments, Brambles unified its Australian and British-listed entities into a single entity, Brambles Limited, that was listed on the Australian Securities Exchange in November 2006.[29][30][31] Brambles maintained a secondary listing on the London Stock Exchange until March 2010.[32][33]

In December 2013, the Recall storage business was spun-off.[34]

Operations / acquisitions

  • In 2008, Brambles acquired LeanLogistics.[35]
  • IFCO in April 2011.[36]
  • Pallecon in January 2013.[37]
  • BXB Digital in 2016.[38]

References

  1. Network
    June 1984 pages 49-53
  2. ^ a b c History Brambles
  3. Australian Transport
    September 1970 page 23
  4. ^ Brambles enter trade waste disposals field Freight & Container Transportation September 1970 page 14
  5. Canberra Times
    15 January 1972 page 19
  6. ^ Brambles as ferry owner? Truck & Bus Transportation December 1971 page 144
  7. ^ Ferries Taken Over By PTC Electric Traction January 1975 page 11
  8. ^ History Archived 29 May 2018 at the Wayback Machine GKN Aerospace
  9. ^ Two giant removalists merge for more impact Freight & Container Transportation July 1984 page 18
  10. ^ Brambles Tops Europe in Rail Waggons Australian Financial Review 8 January 1988
  11. ^ Brambles expands in Europe Australian Transport March 1988 page 13
  12. ^ Wagon hire fleets merge The Railway Magazine issue 1044 April 1988 page 214
  13. ^ Toll moves into even bigger league with Brambles buy Truck & Bus Transportation August 1996 page 41
  14. ^ Eurotainer Joint Venture Brambles 14 June 2000
  15. ^ Containers: Brambles delivers Australian Financial Review 15 June 2000
  16. ^ Disposal of Australian armoured car business to Chubb Aust Brambles 16 June 2000
  17. ^ Brambles sheds security business Australian Financial Review 17 June 2000
  18. ^ Brambles & GKN Form a Leading Global Support Services Group Brambles 19 June 2001
  19. ^ Completion of Merger Brambles 7 August 2001
  20. ^ Brambles Sells Wreckair Brambles 18 December 2001
  21. ^ Brambles Announces sale of United Transport Business Brambles 15 March 2002
  22. ^ CAIB becomes VTG Rail UK Railway Gazette International October 2002
  23. ^ History VTG Rail UK
  24. ^ Sale of Brambles Shipping Brambles 21 October 2002
  25. Sydney Morning Herald
    . 1 November 2002.
  26. ^ Brambles sells Cleanaway Australia and NZ and Industrial Services Australia for $1.8275 billion Brambles 19 June 2006
  27. ^ a b Cleanaway is final Brambles sell-off The Daily Telegraph 1 July 2006
  28. ^ Brambles completes Cleanaway UK sale Brambles 29 September 2006
  29. ^ Brambles ditches London listing The Daily Telegraph 30 November 2005
  30. ^ Information Memorandum Unification Proposal Brambles 31 October 2006
  31. ^ Admission to Official List Australian Securities Exchange 27 November 2006
  32. ^ Brambles Limited Cancellation of Secondary Listing on London Stock Exchange Brambles 19 November 2009
  33. ^ Notice of Cancellation of Listing from the Official List London Stock Exchange 22 March 2010
  34. ^ Recall Demerger Scheme Effective Brambles 9 December 2013
  35. ^ Brindley, Chaille (1 May 2012). "CHEP and IFCO Systems Integration: Brambles Unveils Growth and Business Strategy Plans at Investors Conference". Pallet Enterprise. Retrieved 16 October 2014.
  36. ^ "IFCO Acquisition Announcement" http://www.asx.com.au/asxpdf/20101115/pdf/31tw4qh3klx9xx.pdf
  37. ^ "Pallecon Acquisition Announcement" http://www.asx.com.au/asxpdf/20121217/pdf/42bzczb2v89pqc.pdf
  38. ^ "BXB Digital" https://www.smh.com.au/business/brambles-push-into-big-data-with-bxb-digital-in-chase-for-internet-of-things-20160221-gmzf0x.html

External links

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