Brambles Limited is an Australian company that specialises in the pooling of unit-load equipment, pallets, crates and containers. It is listed on the
Australian Securities Exchange.
History
Brambles traces its history to 1875, when Walter Bramble established a butchery business in
Newcastle Newcastle usually refers to:
*Newcastle upon Tyne, a city and metropolitan borough in Tyne and Wear, England
*Newcastle-under-Lyme, a town in Staffordshire, England
*Newcastle, New South Wales, a metropolitan area in Australia, named after Newcastle ...
, the operations of which he gradually expanded into transport and logistics. Brambles was listed on the
Australian Securities Exchange in 1954, as W E Bramble & Sons Limited and entered the pallet pooling business in 1958 through the purchase of the
Commonwealth Handling Equipment Pool
CHEP (Commonwealth Handling Equipment Pool) is a company dealing in pallet and container pooling services, serving customers in a range of industrial and retail supply chains. It is a subsidiary of Brambles.
CHEP offers wooden and plastic pa ...
(CHEP), from the
Australian Government
The Australian Government, also known as the Commonwealth Government, is the national government of Australia, a federal parliamentary constitutional monarchy. Like other Westminster-style systems of government, the Australian Government ...
. This same year the company changed its name to Brambles Industries Limited and moved its head office from Newcastle to
Sydney.
[History]
Brambles
In 1970, Brambles entered the waste disposal market with the purchase of the Australian subsidiary of Purle Brothers Holdings. In 1972, Brambles entered the armoured car market in partnership with
Brink's
The Brink's Company is an American private security and protection company headquartered outside Richmond, Virginia. Its core business is Brink's Inc.; its sister brand Brink's Home Security company operates separately and is headquartered in ...
. In 1972, Brambles purchased the
Port Jackson & Manly Steamship Company
The Port Jackson and Manly Steamship Company (PJ&MSC) was a publicly listed company that operated the Manly ferries in Sydney, Australia. After being taken over by Brambles Industries, the ferry service was eventually taken over by the State ...
. Brambles main interest in the business, was a 50% shareholding in Tidewater Port Jackson Marine, which operated six
platform supply vessel
A platform supply vessel (PSV) is a ship specially designed to supply offshore oil and gas platforms. These ships range from in length and accomplish a variety of tasks. The primary function for most of these vessels is logistic support and tr ...
s. Following a threat by Brambles to withdraw the loss-making
Manly ferry service
Manly ferry services (numbered F1) operate on Sydney Harbour connecting the Sydney suburb of Manly with Circular Quay in the CBD a journey of seven nautical miles.
History
In 1853, Henry Gilbert Smith chartered the wooden paddle wheeler ' ...
, the
Public Transport Commission
The Public Transport Commission (PTC) was an agency of the Government of New South Wales responsible for the provision of rail, bus and ferry services in New South Wales, Australia from October 1972 until June 1980.
Upon dissolution, responsi ...
took over the service in December 1974. In 1975, Brambles formed an 80:20 joint venture with UK company
Guest Keen & Nettlefold (GKN) to bring CHEP to the United Kingdom.
[
In July 1984, Grace Removals was purchased. In 1988, Brambles became the largest private rail wagon operator in Europe acquiring Groupe CAIB of ]Brussels
Brussels (french: Bruxelles or ; nl, Brussel ), officially the Brussels-Capital Region (All text and all but one graphic show the English name as Brussels-Capital Region.) (french: link=no, Région de Bruxelles-Capitale; nl, link=no, Bruss ...
and Procor
Procor is a Canadian company producing railway shipping cars. It is Canada's largest private rail car rental fleet, with more than 30,000 conventional and special-purpose tank and freight cars.
Linked to Sparling Tank Car of Toronto, Procor w ...
's United Kingdom business. In 1996, Brambles Transport Services was sold to Toll Holdings
The Toll Group is an Australian-based subsidiary of Japan Post Holdings with operations in transportation, warehousing and logistics in road, rail, sea and air. It has two divisions; Global Forwarding, Global Logistics.
History
In 1888, Al ...
.
In June 2000, Brambles sold its Eurotainer container business to Ermewa
SNCF Logistics was the division of the SNCF group responsible for freight transportation and logistics.
The division included the activities of: Geodis (and subsidiaries), general land transport and logistics; Fret SNCF the national rail freight ...
and Brinks Brambles armoured car unit to Chubb Security
Chubb Fire & Security Ltd is a British firm specialised in fire protection and security systems, and is a subsidiary of APi Group Corporation (NYSE: APG).
History
The company was founded by Charles and Jeremiah Chubb, who patented their Chu ...
.
In August 2001, the support services activities of GKN (which included interest in CHEP and Cleanaway
{{Infobox company
, name =
, logo = Cleanaway logo.png
, type =
, traded_as = {{{ASX, CWY
, fate =
, successor =
, founded = 1979
, founder = Brambles
, defunct ...
) were merged into a separate company, Brambles Industries plc (listed on the London Stock Exchange
London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St P ...
) which then entered became a dual-listed company
A dual-listed company or DLC is a corporate structure in which two corporations function as a single operating business through a legal equalization agreement, but retain separate legal identities and stock exchange listings. Virtually all DLCs ar ...
with Brambles Industries Limited.[ In December 2001, the Wreckair equipment hire business was sold to ]Coates Hire
Coates Hire is Australia's largest equipment rental company operating in every Australian state and territory as well as Indonesia. It is a fully owned subsidiary of Seven Group Holdings. As of 2019, Coates Hire has over A$1.7 billion of hire e ...
.
In March 2002, the United Transport and Brambles Project Services businesses were sold to Patrick Corporation
Patrick Corporation is an Australian seaport operator with operations in Brisbane, Fremantle, Melbourne and Sydney. Formerly listed on the Australian Securities Exchange, it is owned by Brookfield Asset Management and Qube Holdings.
Histor ...
. In October 2002, the railway leasing business was sold to VTG-Lehnkering. In November 2002 the Brambles Shipping business, including the ships '' Tasmanian Achiever'' and '' Victorian Reliance'', was sold to Toll Holdings.
In 2006, the company's Australian waste management business, Cleanaway Australia and its Brambles Industrial Services business were sold to Kohlberg Kravis Roberts
KKR & Co. Inc., also known as Kohlberg Kravis Roberts & Co., is an American global investment company that manages multiple alternative asset classes, including private equity, energy, infrastructure, real estate, credit, and, through its strate ...
.[Cleanaway is final Brambles sell-off]
''The Daily Telegraph
''The Daily Telegraph'', known online and elsewhere as ''The Telegraph'', is a national British daily broadsheet newspaper published in London by Telegraph Media Group and distributed across the United Kingdom and internationally.
It was f ...
'' 1 July 2006 Cleanaway UK was sold to Veolia
Veolia Environnement S.A., branded as Veolia, is a French transnational company with activities in three main service and utility areas traditionally managed by public authorities – water management, waste management and energy services. It pr ...
.[ Following these divestments, Brambles unified its Australian and British-listed entities into a single entity, Brambles Limited, that was listed on the Australian Securities Exchange in November 2006. Brambles maintained a secondary listing on the London Stock Exchange until March 2010.
In December 2013, the Recall storage business was spun-off.
]
Operations / acquisitions
*In 2008, Brambles acquired LeanLogistics.
* IFCO in April 2011.
* Pallecon in January 2013.
* BXB Digital in 2016.["BXB Digital" https://www.smh.com.au/business/brambles-push-into-big-data-with-bxb-digital-in-chase-for-internet-of-things-20160221-gmzf0x.html]
References
External links
Official site
{{Authority control
Business services companies of the United Kingdom
Business services companies established in 1875
Companies based in Sydney
Companies formerly listed on the London Stock Exchange
Companies listed on the Australian Securities Exchange
Conglomerate companies of Australia
Defunct shipping companies of Australia
Security companies of Australia
Transport companies of Australia
Transport companies established in 1875
1875 establishments in Australia