ATL Joins the TIL Logistics Group FamilyMar 3, 2020
It gives me great pleasure to announce that TIL Logistics Group and HWR Richardson Group will undertake a shareholding change within the joint venture business of ATL Ltd, effective 2 March 2020.
This is a result of the dynamic nature of the freight industry in New Zealand and changes in focus of the shareholding parties in ATL.
TIL Logistics Group has successfully negotiated the purchase of the remaining shareholding of ATL Ltd from HWR after a 10-year joint venture partnership and provides the opportunity for an exciting future for ATL and TIL Logistics Group.
The change of shareholding will allow ATL to further enhance its freighting opportunities within Central Otago and offer a more streamlined service to its customers and suppliers.
What does this mean for all the staff at ATL: there is no change to ATL’s operation - it is business as usual for us all.
ATL will continue to run as its own company but will sit under TIL Logistics Group as a 100% owned subsidiary.
The current HWR Head office functions such as Finance, Safety & Sustainability, IT and HR will move to TIL Logistics Group Shared Services in the coming months.
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