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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