Optimus taking over logistics firm

Optimus Group has announced it has entered into an agreement to acquire Autocare Services, an automotive logistics company in Australia. 

The global automotive business, which in New Zealand owns a number of companies including JEVIC NZ, Nichibo and Vehicle Inspection NZ, says the deal will help it expand and build a strong value chain for the Australian market.

Autocare is one of Australia’s largest integrated automotive logistics providers and has been operating for more than 60 years, with its head office in Melbourne.

Owned by LINX Cargo Care Group, it has strategic operations in all major port regions of Australia and provides transportation, storage and processing of imported vehicles.

Autocare also provides services such as storage, cleaning, quarantine and customs clearance, plus delivery of vehicles to dealerships, rental and fleet providers. 

Optimus Group, which has its headquarters in Japan, notes the share acquisition is due to be completed by April 1 and is part of its diversification strategy.

“In the current fiscal year, our group is working to expand its business domain and strengthen our value chain suited to the Australian market, including acquiring shares in Autopact Pty Ltd, a major vehicle dealership chain in November 2023,” the company explains. 

“With Australia’s supply of vehicles 100 per cent dependent on imports, vehicle logistics plays an essential role in the automotive industry across the vast size of the country.

“By linking up with existing businesses, including Autopact and used-vehicle imports and retail operations, this acquisition will enable the group to accelerate the building of our ‘Australian model’.”