ADG Global Supply joins up with Airland
THE BOURSE WHISPERER: Australian integrated supply concern ADG Global Supply has entered into a formal Joint Venture arrangement with Danish global logistics group Airland.
The purpose of the JV is to create an integrated project logistics, procurement and supply chain solutions offering to major mining projects globally.
The JV has completed similar tasks previously and is currently targeting major projects in the African continent.
The JV is also in contract negotiations with various parties to deliver integrated services and supply.
Not surprisingly the managing directors of both companies identified the new JV to be a prudent strategic fit all round.
“ADG and Airland have had a long-term association in providing clients around the globe with complete, end-to-end logistics and project support,” ADG Global Supply managing director John Mancini said.
“The combined capabilities and strong cultural fit between our two companies creates a unique service offer,” Airland managing director Tony Berson said.
“This JV formalises our relationship with ADG and has stemmed from our successes with partnering ADG on other major projects.”
Airland Projects is an entity of the global logistics group Airland Logistics.
The company has grown from its home base in Copenhagen, to now include strategically based branches in Denmark, U.A.E, Mali, South Africa, and Australia.
Airland Projects Denmark is also a member of the HTFN Worldwide Logistics Network which allows a level of flexibility, service and local expertise and provides outstanding global coverage.
ADG has been involved with mining and exploration companies throughout Africa for over seven years.
The past 12 months has seen ADG commission an internal review to scope infrastructure and capabilities to support the strong growth in the African region.
The review showed over 1432 projects in Africa (escalating from 250 in 2003), with the exploration budget in the region sitting at 1.38 billion dollars – higher than that of Australia1.
The review also found that approximately 20% of projects are driven by Australian based companies.
“Africa is a resource rich continent with an extremely complex market covering 53 countries and a political and legal environment that is advancing along with GDP” John Mancini said in the company announcement.
“The simple fact is, we know the region well and our experience working in these complex dynamics provides our clients a unique value proposition of industrial product supply, global procurement, supply chain management and project logistics (which incorporates the new JV with Airland) tailored to meet demands of this challenging environment.”