Imperial logistics acquires stake in forward thinking Pragma

August 31, 2012

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. 

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