Ngāi Tahu Holdings and Hilton Haulage confirm partnership
Posted by: Te Rūnanga o Ngāi Tahu
Ngāi Tahu Holdings and Hilton Haulage are pleased to confirm their partnership in the future operation of one of Canterbury’s most well regarded transport firms.
This week Ngai Tahu Holdings invested new capital into Hilton Haulage and will now hold a 50% share in the company.
“Hilton Haulage has impressed us enormously. As a Timaru-based, family-focussed company it has a lot of the same values as Ngāi Tahu Holdings,” says Ngāi Tahu Holdings CE Mike Sang. “It has grown an impressive client list over 20 years and is well positioned for further growth.”
Mr Sang acknowledged the ‘can do’ approach of existing shareholders, “They are very customer focused and have a vision for the future, which fits well with our own approach and aspirations.”
Hilton Haulage board chair Richie Smith says the company was seeking a partner that had long-term vision and would be equally committed to a philosophy of looking after customers. “We have very loyal customers because we pride ourselves on doing the job well. Our families and staff are also very loyal and have been crucial to our success.”
For now it will be business as usual for the company, with a continued focus on development, dedicated work and looking after people and customers.
Hilton Haulage adds diversity to the Ngāi Tahu Holdings portfolio, which is one of the principle aims of the Ngāi Tahu investment strategy.
Mike Sang says Hilton Haulage is a company that will continue to impress and grow in increments. “It isn’t a case of growing fast but of growing well. We can see that Hilton Haulage has the right ingredients for success – good succession planning, a good workplace culture and commitment to the best service possible. It is very exciting for us to be going into a partnership with such a solid Canterbury company.”