History

About The Company

History of Hub Global Group Ghana

Hub Global Group Limited was incorporated in 2015, towards the end of the year. In 2016, the company commenced full operations, initially on a small scale. By 2017, the haulage operation, which commenced in 2016, had fully developed, and the company began servicing major customers such as Louis Dreyfus Ghana Ltd, Overseas Commerce Ghana ltd, Marcus et al., COCBOD, etc. In 2018, the company diversified its business segments by introducing commodities, distinct from haulage. Within commodities, the company offered fertilizers, poultry feeds, and agricultural inputs.

Between 2018 and 2020, the company continued expanding its haulage business, servicing large volumes for customers, alongside the commodities segment. In 2020, the company introduced logistics as a related segment to haulage, focusing on transportation sources and risks. Additionally, the company acquired an excavator (Liebherr). From 2020 to 2022, the company underwent significant expansion, introducing other equipment and machinery into the logistics segment, including reach stackers and forklifts. During this period, the commodities segment also experienced substantial growth, with the addition of industrial chemicals as a new product line.

In 2022, there was significant expansion in both the transport and logistics segment and the commodities segment. In 2023, the commodities segment surpassed the transport and logistics segment as the leading revenue contributor, marking a year of substantial expansion. The Logistics segment also expanded significantly through the acquisition of additional fleet. In conclusion, Hub Global Group Limited has undergone significant growth and diversification since its incorporation in 2015. Starting with humble beginnings in 2016, the company gradually expanded its operations in both haulage and commodities, servicing major customers by 2017. Diversification efforts in 2018 led to the introduction of commodities as a separate business segment. Subsequent years saw continuous expansion, with the addition of logistics in 2020 and further diversification of product lines and equipment. By 2023, the company experienced a remarkable milestone as the commodities segment became the primary revenue contributor, underscoring its evolution and success in the market.