Imperial Logistics Ltd, a leading South African logistics firm, is searching for a strategic partner in Africa. Imperial is looking at an acquisition, a joint venture or integrating with a third party in the air and sea transportation industry.
The new partnership will enable Imperial to have global coverage to support in and out of Africa flows in integrated logistics solutions. For instance, the new partner would aid in picking up products from production factories in Asia thus assuring fast delivery.
The Johannesburg Stock Exchange-listed firm is an African and Eurozone logistics provider with over 25000 employees in 32 countries. Imperial’s services include outsourced, integrated freight management, contract logistics, and distributorship.
The group operates in specific industry verticals – automotive, chemicals, consumer, healthcare, and industrial. Clientele includes UK drugmaker GlaxoSmithKline Plc. and Dutch brewer Heineken NV.
On top of that, Africa is lucrative as an emerging market thus presents a growth opportunity for the Imperial group to exploit. Imperial has earned a reputation as a leading distributor of pharmaceuticals and Fast Moving Consumer Goods (FMCG) in Southern, East, and West Africa.
The plan is in line with Imperial Logistic’s strategic plan that seeks to grow in Africa by adding new capabilities and entering into new industry verticals. In addition, Imperial intends to expand its distributor capacity geographically and as existing and new capabilities to that market over time. In 2018, it had revenues of R51.4 (KSh350) billion.
