DP World (DP World Logistics FZE) Acquires Imperial Logistics Limited
February 25, 2022
DP World, through DP World Logistics FZE, has completed its acquisition of 100% of Imperial Logistics Limited after satisfying all conditions precedent; the transaction became unconditional and was implemented on 14 March 2022 with Imperial to be delisted from the JSE. The deal expands DP World's logistics and market-access capabilities across Africa by combining DP World's port infrastructure and global network with Imperial's African footprint, end-to-end logistics services and customer base.
- Buyers
- DP World Logistics FZE (DP World)
- Targets
- Imperial Logistics Limited
- Sellers
- Imperial shareholders (including Ukhamba Holdings (Pty) Limited, Imperial Corporate Services (Pty) Limited, Public Investment Corporation Limited, M&G Investment Management Limited, PSG Asset Management Ltd. and others)
- Industry
- Transportation
- Location
- Gauteng, South Africa
- Transaction Type
- Buyout
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