Schmitz Cargobull acquires majority stake in Australian Freighter Group

Story Highlights

• Schmitz Cargobull
• Freighter Group
• remorci
• transport
• achizitie

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Schmitz Cargobull has increased its investment in Australian trailer manufacturer Freighter Group and now holds a 72% majority stake in the company. The transaction marks the next step in the long-term partnership between the two businesses.

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.

Freighter Group also announces the appointment of Michael Temminghoff as the new Chief Executive Officer, effective immediately. He brings extensive leadership experience, having worked for Schmitz Cargobull in multiple roles for over 15 years. He is focused on supporting the continued development of Freighter Group, strengthening its capabilities while preserving the company’s customer-first culture.

“I am honoured to lead Freighter Group at such a pivotal moment,” said Michael. “The synergy between Schmitz Cargobull’s global scale and Freighter Group’s local expertise is an exciting opportunity. Our role is to build on the strengths of the local business, supported by global capabilities and experience, and to help the team unlock its full potential – while further strengthening the quality and reliability our customers expect.”

“The business enters this new chapter on a strong footing, thanks to a period of intense modernisation that has prepared the workforce and the facility for high-tech production,” said Michael. Adding that the dedication of the local team has been the driving force behind this transformation, laying the foundations necessary to thrive in an evolving market.

Freighter Group will continue to operate under its renowned name, ensuring that the legacy of this iconic Australian brand remains intact as it builds the next generation of solutions for the Australian transport industry.