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Petregaz expands fleet of tanker & buys OneLogix trucks

Southern African liquefied petroleum gas (LPG) distribution company Petregaz is set to acquire all 35 LPG trucks, tankers, and truck horses from road logistics services provider OneLogix as of April 1. Engineering News reports that through the acquisition of these assets, Petregaz will be able to expand its supply chain capabilities. The company will also

Petregaz expands fleet of tanker & buys OneLogix trucks

Petregaz expands fleet of tanker & buys OneLogix trucks

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Southern African liquefied petroleum gas (LPG) distribution company Petregaz is set to acquire all 35 LPG trucks, tankers, and truck horses from road logistics services provider OneLogix as of April 1.

Engineering News reports that through the acquisition of these assets, Petregaz will be able to expand its supply chain capabilities.

The company will also provide primary logistics services to a larger client base and work closely with its existing and potential new key clients across the LPG industry.

“The addition of these assets to our business together with a focus on a high standard of service delivery will significantly enhance our logistical capabilities which are key to the reliable supply of LPG in Southern Africa,” said Petregaz MD Matthew Costello.

“We will build on key focus areas including the security of supply of LPG in Southern Africa as well as providing supply chain excellence to Petregaz’s valued existing and potential new clients.

BusinessTech Africa is informed that Petregaz is a subsidiary of the Petredec Group and OneLogix CEO Cameron McCulloch backs the partnership.

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“OneLogix firmly believes the sale of our LPG division to Petregaz will result in enhanced service delivery given Petregaz’s extensive experience, infrastructure, and customer base. The transaction also reduces OneLogix’s risk profile following its recent delisting,” McCulloch.

This publication previously reported that Swedish truck maker Volvo had unveiled a set of new electric trucks and these are also available in South Africa.

Volvo is looking to continue expanding its range of electric trucks with the launch of several new extra-heavy units, also available in the country.

The Swedish car and truck manufacturer’s plan is that half of its global total truck sales will be fully electric by the year 2030 at the latest.

“Already producing the most complete electric line-up in the global truck industry, we are now expanding our offering with the introduction of rigid electric versions of the Volvo FH, Volvo FM, and Volvo FMX,” said Volvo Trucks South Africa MD Waldemar Christensen.

Reporting for Business Tech Africa on the funding, tools and strategy shaping the continent's founders and SMEs.

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