How it started
History
In July 2006, following the takeover of Patrick Corporation by Toll Holdings, Chris Corrigan and some executives departed and teamed with Kaplan Funds Management to explore logistics opportunities. In January 2007, the KFM Diversified Infrastructure & Logistics Fund was listed on the Australian Securities Exchange.
In April 2007, a 75% shareholding in P&O Automotive & General Stevedoring and 50% shareholding in P&O Trans Australia were acquired from DP World.
In June 2010, the KFM Diversified Infrastructure & Logistics Fund was renamed Qube Logistics. In April 2011, Qube exercised an option to take its ownership in P&O Trans Australia up to 95%. In 2012, Qube purchased Independent Rail of Australia.
In January 2015 Qube acquired ISO limited in New Zealand.
As part of the break up of Asciano, Qube purchased a 50% stake in Patrick Corporation in August 2016.
From Wikipedia’s article on Qube Logistics, shared under CC BY-SA 4.0.2