Silk’s history extends back more than a century to two formative businesses in Victoria: Hoffmann Transport, a horse and cart operation on Melbourne’s waterfront and Kagan Logistics, a textile processing and exporting operation that would eventually become a large warehouse and distribution business. These businesses were consolidated into Silk Logistics Group in 2008, before being acquired in 2014 by the existing management Shareholders, Brendan Boyd (Co-Founder and Managing Director) and John Sood (Co-Founder and Chief Customer Officer), and private investment partners in the MBO.
The Company was established in 2014 through a management buyout (MBO) led by a team which included Brendan Boyd, Managing Director, and John Sood, Chief Customer Officer, Silk provides its time certain, specialised, port-to-door logistics offering through two primary divisions and three distinct services – Port Logistics division offering wharf cartage, and Contract Logistics division offering warehousing and distribution services.
Since the MBO, Silk has undertaken a number of successful acquisitions. Except for a handful of large, diversified operators, Silk stands as one of the few companies capable of driving industry consolidation through a program of targeted strategic acquisitions.