Schmitz Cargobull Acquires Majority Stake in Australian Freighter Group

The increased investment builds on the strategic partnership announced in April 2023 and underlines Schmitz Cargobull’s long-term commitment to the Australian market. For Freighter Group, this partnership ensures long-term stability and provides direct access to Schmitz Cargobull’s global expertise and product development pipeline.

“We have been serving Australian customers for 15 years and by increasing our stake in Freighter Group, we are reaffirming our long-term commitment to the Australian market,” said Andreas Schmitz, CEO of Schmitz Cargobull. “This step is also testament to our belief in the strength of the local team. Our role is to support and enable the continued development of Freighter Group — providing access to global expertise, technology and networks, while the Freighter team continues to shape the business with its deep local knowledge and customer focus.”

The majority acquisition builds on significant recent investments, including the $50 million upgrade of the Ballarat manufacturing facility, transforming it into a modern, advanced production hub.

This infrastructure enables Freighter Group to seamlessly integrate Schmitz Cargobull’s global engineering and production technologies with proven Australian-built durability.

Beyond manufacturing, the business continues to strengthen its aftermarket service and parts network, ensuring customers benefit from increased uptime and access to both local and global parts supply chains.