Johannesburg, South Africa, 9 November 2009 – IMPERIAL Logistics today announced that it has acquired a 36% stake in Pragma Holdings, with various professionals who are members of Pragma’s management owning the balance. The acquisition strengthens the industrial services capabilities in physical asset management services of IMPERIAL.

“Pragma will form part of the recently established Integration Services division. The division is extending IMPERIAL Logistics’ service offering beyond the traditional transport and warehousing services to include procurement, operations planning and international logistics management.” says Cobus Rossouw, Chief Executive Officer of the IMPERIAL Logistics Integration Services. “The division also houses Megafreight providing forwarding and clearing services, Volition offering supply chain consulting, Paltrack with specialised services in fruit export tracking and management and IMPERIAL Logistics Air Cargo focused on express overnight services. The asset care services that Pragma provides will further complement the development of our Business Process Outsourcing services, concludes Rossouw.”

One of IMPERIAL Logistics’ core competencies is the management of complex operations with its own high-value physical assets or those of its customers. Supply chain and logistics assets are applied to support customer-centred service excellence. IMPERIAL Logistics is continuously pursuing opportunities to enhance its demonstrated position as southern Africa’s largest logistics and supply chain management service provider. By partnering with Pragma IMPERIAL Logistics obtains access to a world-class physical asset management service, i.e. the Asset Care Centre Service.

Johannesburg, South Africa, 9 November 2009 – IMPERIAL Logistics today announced that it has acquired a 36% stake in Pragma Holdings, with various professionals who are members of Pragma’s management owning the balance. The acquisition strengthens the industrial services capabilities in physical asset management services of IMPERIAL.

“Pragma will form part of the recently established Integration Services division. The division is extending IMPERIAL Logistics’ service offering beyond the traditional transport and warehousing services to include procurement, operations planning and international logistics management.” says Cobus Rossouw, Chief Executive Officer of the IMPERIAL Logistics Integration Services. “The division also houses Megafreight providing forwarding and clearing services, Volition offering supply chain consulting, Paltrack with specialised services in fruit export tracking and management and IMPERIAL Logistics Air Cargo focused on express overnight services. The asset care services that Pragma provides will further complement the development of our Business Process Outsourcing services, concludes Rossouw.”

One of IMPERIAL Logistics’ core competencies is the management of complex operations with its own high-value physical assets or those of its customers. Supply chain and logistics assets are applied to support customer-centred service excellence. IMPERIAL Logistics is continuously pursuing opportunities to enhance its demonstrated position as southern Africa’s largest logistics and supply chain management service provider. By partnering with Pragma IMPERIAL Logistics obtains access to a world-class physical asset management service, i.e. the Asset Care Centre Service.