This article is from the Australian Property Journal archive
SUPPLY chain and industrial property development consultancy TM Insight has furthered its growth plans, acquiring XAct Solutions in a move that it hopes will enhance the combined group’s capabilities in the market and expansion in Asia.
Founded in 2005, XAct Solutions has a presence in Sydney, Melbourne, Singapore, Ho Chi Minh City, Hanoi and Tokyo with a team of over 50 specialists who have designed and delivered supply chain transformations across the Asia Pacific region.
“This will provide our customers the support they need to futureproof their business and optimise their operations for the long-term,” TM Insight CEO Travis Erridge said.
Earlier this year, TM Insight brought on Next Capital as joint shareholders to the help the business scale-up.
TM Insight has just partnered Hong Kong-based LF Logistics on the operational design and procurement of the group’s new facilities at Logos’ Marsden Park Logistics Estate, and will act as the project manager on behalf of LF Logistics. The project management team will assist LF Logistics to create a bespoke internal fit out within the high clearance warehouse.
The acquisition has been completed and teams at TM Insight and XAct Solutions will initially run in parallel before integrating into a combined entity.