Aug 6, 2026 – 6.07pmACFS Port Logistics, the container logistics empire run by the billionaire Tzaneros family, has fallen into administration despite promises to repay a string of creditors including the Australian Taxation Office.ACFS, which moves stock from ports around the country for companies including Coles and Wesfarmers’ Bunnings and Kmart chains, was put into administration by ScotPac, a specialist business lender, on Thursday.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Billionaire-owned logistics giant ACFS collapses into administration
The company, which works with Coles and Wesfarmers, had been pursued by a string of creditors over the past year, including by tax officials over $60 million.
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