Qube snaps up Nexus Logistics from Port of Auckland
The financial terms weren’t disclosed but the deal includes the Nexus brand, operating plant and equipment, while the port will retain ownership of the Nexus site at Wiri.
Australian logistics giant Qube is shoring up its New Zealand interests with the purchase of Port of Auckland’s logistics network firm Nexus Logistics.
Announcing the deal today, the Auckland Council-owned port – the country’s largest import terminal – said the sale would “sharpen its