Qube Holdings acquires 50% of Pinnacle Corporation

Qube Holdings acquires 50% of Pinnacle Corporation
Qube will gain exposure to the NZ container logistics market. (Image: Qube)
Staff reporters
Australian stock exchange-listed logistics company Qube Holdings has purchased a 50% stake in Pinnacle Corporation.Pinnacle operates both port-based and standalone facilities in nine locations throughout New Zealand under its wholly-owned Specialised Group and MetroBox.It provides a range of services, including container storage and handling, refrigerated container maintenance and repair, and container transport and warehousing, predominantly for Tier 1 global customers.Qube managing director Paul Digney said the transaction will provide Qube w...