Mike King, Special Correspondent | Jan 27, 2012 10:15AM EST
Imperial Logistics boosted its presence in southern Africa through the acquisition of two transport companies for undisclosed sums.
The South African company expanded its supply chain reach with the purchase of cross-border transporter IJ Snyman Transport, which operates in Angola, Democratic Republic of Congo, Namibia, South Africa and Zambia. Imperial, also purchased Kings Transport, which provides trucking services across South Africa.
CEO Marius Swanepoel, said the company was expanding its network to ensure it was well placed to support the growth of retail, fast-moving consumer goods and construction customers.
“Africa’s strategic importance within the global supply chain will continue to rise,” he said. “With a growing middle class, increasing urbanisation and technological access as well as untapped resources and agricultural potential, development of Africa’s supply chain is imperative for sustainable growth.”
-- Contact Mike King at michael@borderline.eu.com
