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Aurizon bulks up for rail and ports expansion

Jenny Wiggins

After nine months of regulatory tussles, Aurizon chief executive Andrew Harding will finally be in Adelaide on Monday following the closure of the company’s $2.35 billion acquisition of freight haulage group One Rail.

For Mr Harding, it is the biggest and most significant acquisition since joining the rail group more than five years ago. It’s also a deal that he says will be “transformational” for Aurizon, as it diversifies away from coal.

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Jenny Wiggins writes on business, specialising in infrastructure, telecommunications and transport. Connect with Jenny on Bluesky: @jennywiggins.bsky.social Email Jenny at jwiggins@afr.com

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    Original URL: https://www.afr.com/companies/infrastructure/aurizon-bulks-up-for-rail-and-ports-expansion-20220729-p5b5ml