Imperial Logistics

DP World to buy Imperial Logistics for US$890 million

The UAE-based global port operator, DP World has made an offer to the African-focused logistics solutions provider, Imperial Logistics, to acquire all outstanding shares of the company for US$4.6 per share, which translates to a total of US$890 million.

The potential acquisition will enhance DP World’s capabilities, particularly in Africa, building on its infrastructure of ports, terminals and economic zones and will also significantly accelerate the company’s transformation into an advanced...

https://container-news.com/dp-world-to-buy-imperial-logistics-for-us890-million/

Imperial Logistics gets leaner as it sells S America shipping business

Imperial Logistics has taken another step in its bid to “get fitter”, by rationalising its sprawling businesses, with the sale of its South American shipping arm.
Brazilian inland waterways company Hidrovias do Brasil has bought the 90-vessel operation, which reportedly saw revenues of $36m for the year ending 30 June and ebitda of $9.4m.
The deal was for $90m, with, interestingly, an earn-out of up to $5m based on water levels over …

The post Imperial Logistics gets leaner as it sells S America...

https://theloadstar.com/imperial-logistics-switches-focus-to-africa-as-it-sells-s-america-shipping-business/

M&A radar: As it grows up, Imperial Logistics is on the hunt

Several logistics companies operating outside the major league seldom receive the attention of the media and analysts. South Africa’s Imperial Logistics is one of them. But it warrants a mention today after releasing an annual update this week that proves it currently remains in full transitional mode.
However, judging by the remarks of its chief executive Mohammed Akoojee – a logistics manager boasting a  solid finance background – something has got to …

The post M&A radar: As it grows up,...

https://theloadstar.com/ma-radar-as-it-grows-up-imperial-logistics-is-on-the-hunt/

Imperial sells Multinaut

Imperial has sold its 90% holding in Multinaut Donaulogistik Gesellschaft m.b.H. to Peter Jedlicka, Multinaut’s Managing Director.
 
Jedlicka sold the stake to Imperial in 2008, retaining 10% of its shares; he is now again the sole owner of the business.
 
Multinaut is an operator of inland waterways shipping services on the Rhine-Main-Danube system, with a fleet of 25 vessels ranging from 750 to 2900 tonnes capacity, and bases in Vienna and Regensburg. It also offers …

The post Imperial sells...

https://theloadstar.com/imperial-sells-multinaut/

Imperial Logistics set on buying a major forwarder as it eyes expansion in Africa

Imperial Logistics is the $3.5bn company you’ve never heard of – except, you have.  
It owns Palletways, Europe’s largest pallet company, with more than 400 depots in 20 countries, and is Europe’s largest inland barge operator, with 700 ships, of which 128 are owned by the company.
It has 20 hazmat warehouses, operates a tanker fleet and has a large South Africa division,  and while it does consumer and industrial logistics, it also …

The post Imperial Logistics set on buying a major forwarder...

https://theloadstar.com/imperial-logistics-set-on-buying-a-major-forwarder-as-it-eyes-expansion-in-africa/

Hugo Pluess named Imperial Logistics’ new IT chief

Imperial Logistics has appointed industry veteran Hugo Pluess (pictured above) as chief information officer.
My Pluess boasts more than three decades in the IT and logistics sector, and joins Imperial from Ceva Logistics where he has spent the past seven years.
Having joined the Ceva in 2012 as its SVP of global IT infrastructure, he was promoted to the EVP of the department in October 2016.
Prior to his time at Ceva, he …

The post Hugo Pluess named Imperial Logistics’ new IT chief appeared...

https://theloadstar.com/hugo-pluess-named-imperial-logistics-new-it-chief/

Sandro Knecht is new chief commercial officer at Imperial Logistics

Imperial Logistics International has appointed Sandro Knecht (pictured above, left) as chief commercial officer.
Mr Knecht joins from Ceva Logistics, where he spent seven years across various management positions, including MD of both Ireland and UK business.
Mr Knecht will take on responsibility for leading and managing business development.
Chief executive Hakan Bicil (above, right), himself recently appointed, said he was delighted to welcome Mr Knecht to the team.
“Sandro’s impressive...

https://theloadstar.co.uk/sandro-knecht-is-new-chief-commercial-officer-at-imperial-logistics/

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