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DP World acquiring Imperial Logistics for $890m expanding Africa footprint

DP World has announced an offer to acquire South Africa-based Imperial Logistics, an integrated logistics provider with operations mainly across Africa and in Europe. The acquisition will broaden DP World's capabilities, particularly in Africa, building on its extensive infrastructure of ports, terminals and economic zones. It will also significantly accelerate DP World's transformation into an advanced logistics company offering end to end supply chain services to the owners of cargo. DP World's cash offer for Imperial is valued at around $890m.
Imperial Logistics has a presence across 25 countries, including a significant footprint in the high growth Africa market.  The Group focuses on fast-growing industries including healthcare, consumer, automotive, chemicals, industrial and commodities.

The acquisition of Imperial would add new capabilities to DP World, particularly in Africa. DP World aims to improve connectivity between African producers along fast-growing trade lanes to the rest of the world. Imperial’s Integration with DP World will strengthen South Africa's position as a logistics hub for Africa.

To read more about it in seatrade-maritime.com : click here