LOGISTICS: Imperial Logistics Acquires 50%+1 Of E-Logics
Recent Gauteng Business News
Imperial Logistics and e-Logics (Pty) Ltd today announced that Imperial Logistics acquired 50%+1 in the share capital of e-Logics. In the alignment of unique competencies and shared synergies, the acquisition will result in an enhanced service offering to both companies’ existing customer base and significant new business development opportunities.
“We are excited about the addition of e-Logics to our Integration Services portfolio,” says Cobus Rossouw, Chief Executive Officer, Imperial Logistics Integration Services. “Not only are we expanding our technology service offering, we are also improving our business process outsourcing capabilities to address specific requirements with greater software and systems support, providing integrated solutions as and when required.”
Imperial Logistics’ comprehensive experience of integrated logistics and supply chain management, complemented by e-Logics’ multi-disciplinary expertise is a win-win combination. The technology services and design capabilities offered by e-Logics will be leveraged to expand the Imperial Logistics value-add proposition. Rossouw continues: “In collaboration, both companies will continue to focus on the development and implementation of integrated logistics and end-to-end supply chain solutions including transportation operations and asset management in the rail, road and utilities industries.”
“Being part of the leading logistics and supply chain management company in southern Africa will boost our development and enable us to capture new opportunities in the supply chain industry, says Johann van der Westhuizen, Managing Director, e-Logics. “Taking advantage of Imperial Logistics’ vast knowledge and supply chain expertise, I am confident that we will become increasingly innovative, allowing our customers to better their performance through improved business processes and technology management.”
Imperial Logistics and e-Logics will target new business as well as growth opportunities within their customer base in a structured fashion and proceed with their strategy of increasingly becoming an extension and part of their customers’ operations.
Following the transaction, e-Logics will be able to offer their customers 125% BBBEE procurement recognition, in line with Imperial Logistics’ formal rating as a Level 4 Contributor. e-Logics, as a member of Imperial Logistics, will continue to promote the pillars of transformation, focusing on people-related aspects such as employment equity, skills development and corporate social responsibility.
Business News Sector Tags: Logistics|