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Imperial Logistics buys Snyman Transport
Imperial Logistics has acquired IJ Snyman Transport, an established carrier that operates in Angola, DRC, Namibia, SA and Zambia.
With a 10-year track record, IJ Snyman Transport is a logistics service provider to leading retail, fast moving consumer goods (FMCG) and construction brands.
"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," said Marius Swanepoel, Imperial Logistics chief executive.
"We are honoured to become part of a global logistics and supply chain management leader. Our customers stand to gain significant competitive advantages through the acquisition," said Sakkie Snyman, managing director at IJ Snyman Transport, adding that investment in the continent by African companies is essential to boost critical intra-African trade.
"Expansion throughout Africa is an exciting growth area for us," said Swanepoel, referring to September data published by the Africa business confidence index which points to promising prospects for the manufacturing and non-manufacturing business sectors. Supply chain failure, he noted, has a significant impact on the health of any economy.
Source: I-Net Bridge
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