Monday, 25 November, 2013 - 11:14
Bis Industries acquires Powertrans
Bis Industries has acquired Queensland-based innovative haulage company Powertrans for $30 million as it prepares to launch a long-awaited initial public offering.
Once a division of Brambles, Bis provides specialised logistics and materials handling solutions to the world’s biggest mining and resources companies.
Major services offered include off-road load and haul, underground equipment services, specialised on-road logistics management, large scale infrastructure, crushing and mineral extraction and site services.
Rank | Company | # | |
---|---|---|---|
4th | - | MLG Oz | 1,200 |
5th | ![]() |
CTI Logistics | 1,020 |
7th | ![]() |
Bis | 1,000 |
8th | ![]() |
Aurizon | 800 |
Rank | Company | # | |
---|---|---|---|
19th | - | Linkforce | $606.63m |
20th | ![]() |
Galati Group | $600.75m |
21st | ![]() |
Bis | $465.45m |
22nd | ![]() |
JWH Group | $435.19m |
23rd | ![]() |
Ertech | $418.96m |
Rank | Company | # | |
---|---|---|---|
11th | Harvest Road Group | 1097 | |
12th | CFC Group | 1062 | |
13th | Bis | 1000 | |
14th | Piacentini & Son | 972 | |
15th | Regent Motors | 950 |
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RANKING: 7 Down from 4 in Trucking & Logistics list | 03 Feb 2025 |
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RANKING: 21 Down from 20 in Private Companies - Large list | 13 Dec 2024 |
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RANKING: 5 Down from 4 in Trucking & Logistics list | 10 Dec 2024 |
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RANKING: 20 Down from 19 in Private Companies - Large list | 02 Sep 2024 |
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RANKING: 19 Down from 18 in Private Companies - Large list | 30 Aug 2024 |
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RANKING: 4 Down from 3 in Trucking & Logistics list | 12 Mar 2024 |
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RANKING: 18 Down from 17 in Private Companies - Large list | 29 Jan 2024 |
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RANKING: 17 Down from 16 in Private Companies - Large list | 09 Jan 2024 |
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UPDATED: Foreign-owned Companies list | 12 Dec 2023 |
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UPDATED: Private Companies - Large list | 12 Dec 2023 |
Bis Industries has acquired Queensland-based innovative haulage company Powertrans for $30 million as it prepares to launch a long-awaited initial public offering.
Bis Industries has deferred plans to launch a long-anticipated $510 million initial public offering due to what it describes as unfavourable market sentiment towards the Australian mining and resources sectors.
Western Australian business chiefs Kevin Gallagher, Gina Rinehart and Richard Goyder were recognised in separate awards events across the country last night.
SPECIAL REPORT: The past 12 months have been tough for WA’s corporate finance professionals, but there is cautious optimism that 2014 will be a different story.
Private equity funds are turning into long-term owners of some major WA businesses, after being unable to complete their planned exits.
THE launch this month of independent oil and gas producer Quadrant Energy has underlined the big role private equity investors play in Western Australia, owning more than a dozen major businesses across the state.
SPECIAL REPORT: A flurry of deals over the past fortnight, including four acquisitions by international companies expanding in Western Australia and the year's largest capital raising, has added life to a flat corporate finance market.
Precast concrete manufacturer PERMAcast has recruited former Bis Industries boss Chris Berkefeld as its new chairman, following the retirement of founding director Grey Egerton-Warburton.
SPECIAL REPORT - MINING SERVICES: Higher commodity prices and investment to maintain iron ore volumes could help lift mining contractors out of the doldrums after several tough years. Click through to see this and links to four other feature stories.
Azure Capital, KPMG and Bis Industries are among the local businesses that have signed on for a series of outdoor events later this month for Starlight Children Foundation’s 2017 Great Adventure Challenge.
Bis Industries, one of the major transport players in Western Australia, will come under new ownership after a $1 billion debt-for-equity swap deal was struck with its major lenders.
SPECIAL REPORT: An improved outlook among the state’s resources players is contributing to renewed positivity in the trucking sector, with investment in technology upgrades a focus for some logistics businesses.
SPECIAL REPORT: Gina Rinehart’s Hancock Prospecting and its subsidiary, Roy Hill Holdings, have moved to the top of the Business News annual ranking of private companies in Western Australia, as their surging revenue put them ahead of building company BGC Australia.
Perth-based contractor Tempo Australia has appointed former Bis managing director Ian Lynass as its chief executive, replacing Max Bergomi after two years in charge.
Resources logistics company Bis has appointed former Broadspectrum chief executive Graeme Hunt as its new chairman to replace the retiring Charles Lenegan, while non-executive director John Beevers is also retiring.
Perth-based Bis has acquired mining services company UGM, while SMS Mining Services has merged with haulage provider Rivet Group.
Mining logistics company Bis has launched its new mine haulage vehicle, Rexx, which has been designed and built in-house in Perth.
SPECIAL REPORT: WA could be about 1,000 truck drivers short at a time the industry believes there are signs of an upswing.
Our weekly appointment wrap includes David Gray, Aaron King, Gareth Martin and Richard Seville.
Bis has had its haulage and site services contracts for Minara Resources at the Murrin Murrin mine in the north-eastern Goldfields extended by four years.
Logistics company Bis, which traditionally operates in the resources sector, has been awarded a three-year contract by Water Corporation to provide on-road haulage services in and around Perth.
Resources logistics company Bis has formed a partnership with Israel’s largest aerospace and defence company, IAI, to deliver mine site automation services.
Bis chief executive officer Brad Rogers will leave the mining logistics company after 14 years for a new role with ASX-listed Jupiter Mines.
Our weekly appointments wrap includes John Stanning, Paul Ryan, Ashley Muirhead, Simon Atkinson, Chris Woodall, David Schummer, Kim Beazley, Deidre Wilmott, Richard Court, Rebecca Tomkinson, Lynn Kuok, Andrew Eddowes, Linnet Solomons, Emma Woolaston, Alex Petrovski, James Hambly and Paula Rogers.
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Bis is included in 3 lists - Trucking & Logistics, Foreign-owned Companies and Private Companies - Large.