ABL Group completes acquisition of SCF Containers

December 17, 2025

Asian Bulk Logistics (ABL Group) has completed the acquisition of 100 per cent of SCF Containers from Intermediate Capital Group (ICG).

ABL’s acquisition follows the fulfilment of all conditions precedent. ICG, a global alternative asset manager, has supported SCF’s growth in recent years, strengthening its network, expanding product offerings, and enhancing operational capabilities.

The deal strengthens ABL’s presence in Australia and complements its previous acquisitions of One Rail Australia (East Coast Rail) in 2023 and Transshipment Service Australia (TSA) in 2025.

SCF Containers serves customers across rental, sales, design, and maintenance, with offerings that include general-purpose containers, tank units, refrigerated containers, intermodal assets, site sheds, and remote accommodation modules.

With more than three decades of operations, SCF has locations in Adelaide, Melbourne, Brisbane, Sydney, Perth, Darwin, Townsville, and other key regions.

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Ika Heru Beth Ari, President Director of ABL, said: “Acquisitions enable accelerated growth by providing immediate access to new assets, technologies, customers, and revenue streams, while expanding market reach across new regions.

“They also support rapid portfolio diversification and offer capabilities that strengthen competitiveness. Integrating SCF into the ABL Group presents significant opportunities to widen our customer base, enhance our solution suite, and reinforce our position as a world-class logistics leader.”

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James Giannas, Managing Director at ICG, commented: “SCF has been a highly valued business within our portfolio, and we are exceptionally proud of the progress the management team has made. The company has expanded its capabilities domestically and internationally, strengthened its customer base, and secured transformational opportunities such as the Aurizon agreement.

“We believe ABL Group is the ideal partner to support SCF through its next chapter, and we look forward to seeing the company continue to grow under their stewardship.”

Recently, AD Ports Group signed a long-term agreement with Louis Dreyfus Company Pakistan (LDC) to develop and operate a modern clean bulk facility for agricultural goods at Karachi Port through its subsidiary, Karachi Gateway Terminal Multipurpose Limited (KGTML).