Brambles (BXB)

Shares / Stock Code

BXB

Stock Exchange / Sharemarket

ax

Brambles Limited (BXB), operating in more than 45 countries across six continents is now one of the leading providers of support services in the world. It is the holding company under the Brambles Group of Companies. BXB provides a range of business and industrial services that include plastic and pallet container pooling, recycling and waste management, contract-based industrial services, information management as well as specialised equipment and transport rental. Brambles Limited was listed on the Australian Stock Exchange on the 27th of November 2006. Its annual revenue is approximately AUD$ 3 billion and to date, around 12,000 people are employed in the company with its headquarters located in Sydney, Australia. Brambles Limited operates in two business segments: Recall and CHEP.

Throughout Bramble's existence, Recall has been one of the world leaders in the information management. It provides services from the secure storage and retrieval of digital and physical documents to digital conversion, protection of data as well as secure destruction of these data. These services are provided by Recall to segments of transaction-intensive market like banking and finance, legal, insurance, retailing, government and health care. Recall now operates in 300 facilities located in 22 counties.

Another of Bramble's subsidiary companies is Commonwealth Handling Equipment Pool or CHEP is one of the world providers of container pooling services. Some of the services CHEP provides are the issuing, collecting, repairing, and reissuing of plastic and pallet containers from more than 450 service centres in 44 countries. It also handles the supply chain logistics of pallet and containers for customers in the produce, meat, beverages, consumer goods, as well as automotive and petro-chemical industries. It has also made partners with its customers to develop the type of pooling solutions that will reduce the damage in the products by offering enhanced efficiencies of deliveries, eliminating waste and cutting down the supply chain costs.

Brambles Limited Company History

Mr. Walter Bramble is the founder of Brambles Limited (BXB) which was then named Brambles and Sons. It was formed in 1875 and it was established in 1925 however; Bramble and Sons was only enlisted on the Australian Stock Exchange in 1954. It was in 1958 when the Commonwealth Handling Equipment Pool (CHEP) was acquired by Brambles and Sons from the government of Australia.

Purle Waste Disposals Australia was also acquired by Brambles and Sons. UK's Purle Brothers Holdings was the Australian division in 1970 and made an expansion in New Zealand in 1974. In 1975, CHEP pallet-pooling idea was introduced to UK through a partnership with GKN.

Cleanaway is a corporate identity of a group of companies in small waste management brought by Brambles in 1979. Because of the acquisition of the Redland Purle, the largest and the biggest waste disposal private-sector operator in UK in 1980, Cleanaway was put overseas.

Brambles expanded throughout Europe in 1994 along with the company's contract-based industrial service with the acquisition with a Netherland-based company, the NILO Holdings.

In 1999, Short Bros, a producer of industrial services and projects in the industry of steel was acquired by Brambles. It led them to a better position in the European industrial market services. Solomat (France) followed the acquisition by purchasing it the same year.