The merger will streamline operations and form a common platform for a more innovative and dynamic company that will benefit customers through enhanced responsiveness and expanded service capabilities.
The combination of Four Wheel Drive Hire Service and Sargent Truck Lease will provide a fleet in excess of 2,500 vehicles and a network of branches Australia wide. Together, the two companies will satisfy a wider set of customer needs and possess a far greater opportunity to grow into new markets.
Bull Lumchee, Managing Director of Sargent Truck Lease, said the merger is a logical step and provides a strategic expansion of Sargent’s national market presence.
“The two companies have held a strategic alliance for a number of years. Given the synergies delivered from the consolidation of duplicated branches and the expanded network that the merger brings, we are positioned to provide an enhanced quality of service for our customers.”
Four Wheel Drive Hire Service’s Managing Director Mary Ann Strelow highlighted the importance of a cultural fit and the associated benefits of the merger.
“This transaction combines two solid, well-performing companies but what is more important is our shared values, staff culture and customer focus,” Ms Strelow said.
In joining their resources and capabilities, Four Wheel Drive Hire Service and Sargent Truck Lease can now offer an expanded product range to a wider variety of mining, pipeline, transport and logistics industries and look to the future with a confident and optimistic focus.