GAC Group has acquired Quadrant Pacific's agency business in New Zealand, enhancing its operational capabilities and service offerings in the Asia-Pacific maritime logistics market.

Information on the Target

The target of this acquisition is the agency business of Quadrant Pacific, which has served as a network partner for GAC Group in New Zealand since 2008. Quadrant Pacific has a solid reputation in the shipping and logistics sector, facilitating operations and providing comprehensive services across various ports in the region. With this acquisition, GAC Group aims to strengthen its operational capabilities and enhance service delivery to its clients.

This move signifies a strategic expansion for GAC Group, allowing it to directly manage ship agency services throughout New Zealand. By integrating Quadrant Pacific's agency operations, GAC Group enhances its service portfolio in the Asia-Pacific market, positioning itself as a more competitive player in the maritime logistics sector.

Industry Overview in New Zealand

The maritime and logistics industry in New Zealand plays a crucial role in the country's economy, given its extensive coastline and reliance on shipping for trade. New Zealand is an island nation, m