Milestones - 2000's

2000

In February 2000, finalised acquisition and assumed control of Removals Australia, a virtual logistics provider specialising in relocation management.

In March, announced the creation of Toll Technologies to support the Group’s core operations through the development of electronic communications and e-business solutions for our customers.

In July, announced another e-commerce initiative in developing further capability for servicing the relocation sector, with the acquisition of a majority interest in movinghome.com.au Limited.

In November, announced an agreement to enter into a Scheme of Arrangement to acquire the operations of Finemores, a major Australian Transport and Logistics operator.

2001

In February, announced the acquisition of the ARN Logistics business from AR Neal Limited. ARN Logistics, which had an annual turnover of $60 million and was a leading service provider to the paper and packaging Sector.

In February, announced the sale of Stage 1 of the Altona property development in Melbourne for a consideration of around $19 million.

In March, announced the execution of the transfer of all fully paid ordinary shares in Finemore Holdings Ltd to Toll.

In April, announced the acquisition of Strang Stevedoring complementing the Group's existing comprehensive nationwide road and rail capability.

In July, launched Toll Transitions, Australia's first total relocation management company, formed by bringing together the powerful capabilities of Removals Australia, International Corporate Relocations and movinghome.com.au.

In November, announced an agreement with Wesfarmers Limited to acquire its Western Australian Freight Services and Logistics Operations. The acquisition supports Toll's already strong network of operations in Western Australia by further expanding its size and customer base.

2002

In February, Toll Group and Patrick Corporation announced their completion of their $1.2 billion acquisition of National Rail and FreightCorp. The joint venture company is now called Pacific National.

In May, Toll acquired BHP Stevedoring and BHP Transport and Logistics (New Zealand) from BHP Billiton and a majority equity position in Southern Distribution Centre Ltd (SDC).

In June, Toll acquired the DX Group business from AUSDOC. The Network and courier business is an attractive addition to the Toll IPEC operations; enabling further scale in both air and road express freight services, and adding further capability through the comprehensive point to point courier network.

In October 2002, Toll acquired the Brambles Industries Australian cargo shipping operations, operating twin purpose-built, roll on / roll off vessels across Bass Strait in Australia providing Tasmanian businesses a next day connection to and from Melbourne. The service transports in excess of 130,000 TEUs per annum.

In November 2002, Toll acquired the Mayne Group’s time critical express operations, complementing other Toll express activities and culminating in a wider range of integrated services to our customers.

2003

In September 2003, Toll acquired Zari Haulage in Malaysia. Whilst a small company, it has enabled Toll to further develop its strategy and customer relationships, particularly in the Oil, Gas and Automotive sectors.

In October 2003, Toll acquired the majority controlling interest (84.2%) in the Tranz Rail group in New Zealand. The business gives Toll a unique opportunity to develop an integrated logistics capability within New Zealand.

2004

In January 2004, Toll acquired the privately owned, New Zealand based, stevedoring business of Leonard & Dingley, including a 50% share of Auckland Stevedoring. The business further expands Toll’s port activities, in particular providing general stevedoring presence in the port of Auckland.

In February 2004, Pacific National (Toll’s 50% JV with Patrick Corporation), acquired 100% of Australian Transport Network Limited (ATN). ATN has a long-term lease over the Tasmanian rail network and operates its own fleet of trains throughout the State – it also has some grain-based operations in Victoria and New South Wales.

In March 2004, Pacific National (Toll’s 50% JV with Patrick Corporation), entered into agreement with Rail America to purchase Victorian based Freight Australia. Completion of the transaction took place in September 2004 following a rigorous review of the transaction by the ACCC and consent by the State Government of Victoria.

In September 2004, Toll reached agreement (subject to the fulfilment of certain conditions) for the acquisition of the stevedoring and cargo services operations of the Western Stevedores Group. The acquisition provides a significant addition to Toll’s stevedoring activities and presents Toll with another strong avenue for growth in Western Australia.

In December 2004, Toll signed an agreement with the Port of Tauranga for the formation of Toll Owens Ltd, the 50/50 JV Company that will own and operate the businesses of The Owens Cargo Company and Toll Logistics (NZ) Ltd. The new operation will offer an integrated marshalling and stevedoring service at 12 ports throughout New Zealand.

2005

In March 2005, Toll acquired JD Lyons, a third generation, New Zealand Group based in Wellington, specialising in the FMCG (fast moving consumer goods) and manufacturing industries with extensive warehousing and linehaul capability in Auckland, Wellington and Christchurch.

On 22 August 2005, Toll announced a proposal to acquire Patrick Corporation Limited to create a leading integrated transport and logistics business in the Asian region.

In October 2005, Toll acquired Korn Bulk Haulage, an on-site bulk coal haulage specialist, specifically in the Bowen Basin in Central Queensland. Korn Bulk Haulage employs over 170 people throughout their major facilities: including a depot in Dysart, a major workshop facility near Rockhampton, and on-site facilities at seven coal mines, with Head Office in Mackay.

2006

In March 2006, Toll reached an agreement with SembCorp Industries to acquire a 60% interest in SembCorp Logistics (SembLog), one of the Asian region's leading logistics companies, providing supply chain management and offshore logistics in approximately 15 countries: Singapore, China, Thailand, Malaysia, India, Japan, Taiwan, Korea, Indonesia, Vietnam, Australia, Philippines, Sri Lanka, UK and USA. The acquisition is a key element of Toll’s long-held strategy to become the pre-eminent integrated logistics provider in the Asian region.

In May 2006, Toll achieved a key milestone by exceeding 90 percent acceptances of SembCorp Logistics, and acquired the balance of shares to 100% on 10 July 2006, making SembCorp Logistics a wholly owned subsidiary of Toll. Consequently, SembCorp Logistics was delisted from the Singapore Stock Exchange (SGX) on 27 July 2006.

The business was then rebranded Toll Asia on 4 October 2006.

In May 2006, Toll achieved another key milestone and made history with its hostile takeover bid for one of Australia's largest transport and logistics companies, Patrick Corporation, by exceeding 90 percent acceptances. Toll acquired 100% on 1 July 2006 and Patrick Corporation was delisted from the Australian Stock Exchange (ASX) on 3 July 2006.

On 13 December 2006, Toll announced a landmark proposal to restructure the Company, creating two stand-alone, market leading ASX listed businesses, unlocking significant value for all Toll stakeholders; customers, suppliers, employees and shareholders.

2007

Toll announced that it had received overwhelming shareholder approval at its Extraordinary General Meeting on 28 May 2007, to effect the restructure. This resulted in the separation of Toll’s infrastructure assets into a new ASX listed entity, Asciano (AIO), which began trading for the first time on 6 June 2007 at $10.35 per stapled security.

On 14 June 2007, Toll's wholly owned subsidiary Toll Express (Asia) Pte Ltd announced an intention to make a voluntary general offer to acquire control of Sembawang Kimtrans Limited, in which it currently holds a 26% interest. The acquisition will further enhance Toll's strategic position within the Asian region, especially within the marine and mining logistics.