LOGISTICS busines Qube says it has agreed to acquire the business assets of New South Wales grain handler Agrigrain.
The agreement includes the acquisition of Agrigrain’s logistics facilities in Narromine and Coonamble in central-western NSW.
According to Qube, between the Narromine and Coonamble sites, Agrigrain’s business offers onsite services including seed and fertiliser management, silo and bulker storage, grain drying, grading and bagging and container packing, as well as road and rail transport options.
“The acquisition of Agrigrain facilities is significant as it provides Qube with the ability to deliver integrated logistics services to its regional customers,” said Qube director logistics John Digney.
Agrigrain maintains a storing local presence.
Combined with Qube’s logistics business, it is hoped the new arrangement will benefit regional exports.
The new business unit Qube Agri is to form part of the Qube Logistics business.
This acquisition, together with Quattro in Port Kembla and Qube’s container services in Port Botany is expected to allow Qube Logistics to provide expanded services through bulk and containerised rail services as well as bulk port infrastructure.