The agreement establishes an association of like-minded partners and provides clear synergies to both companies. Imperial Logistics through its Specialised Freight division serves many of the biggest brands with the transportation and distribution of cement and cementitious products. Synergies are unlocked as a result of Rustgold's logistical solutions to the construction industry. It specialises in medium and long-distance distribution of palletised cementitious products.

 

"This announcement is a culmination of months of exploring how the acquisition could produce immediate benefits for both companies. Being perfectly aligned, the transaction strengthens Imperial Logistics' capabilities and paves the way to successfully develop new avenues and business opportunities," says Nico van der Westhuizen, CEO Imperial Logistics Specialised Freight.

 

Imperial Logistics provides logistics and end-to-end supply chain solutions to multiple industries in southern Africa and globally. It is active in the construction industry and provides warehousing, in- and outbound distribution solutions, consulting services amongst others through 3PL and 4PL business models.

 

"We are well equipped to provide a full range of logistics solutions in the field of specialised freight. However, Rustgold Transport brings unique capabilities to Imperial Logistics, especially in areas where we endeavour to improve our service offering," says van der Westhuizen. "We also want to increase our market share and through this agreement Imperial Logistics will strengthen its presence in countries such as Botswana and Namibia, where Rustgold already plays a significant role."

 

The agreement positions Rustgold Transport strategically with excellent growth prospects as well as direct economic exposure to Imperial Logistics' blue chip infrastructure. Rustgold Transport will leverage Imperial Logistics' capabilities that include supply chain intelligence which will give it a competitive edge to capture future opportunities.

 

"This deal represents significant value for Rustgold Transport's shareholders, improves the strategic balance of our business and aligns us with a leading global and diversified company, with superb tier one assets and a track record of excellence," says Attie Pienaar, Rustgold Transport Managing Director. "Imperial Logistics has a strong commercial focus and is well-known for its continuous improvement and value creating investments. Being part of Imperial Logistics, we also share in benefits such as bulk fuel procurement and vehicle parts purchases. Together we will make both businesses stronger to the advantage of shareholders and employees alike."  

 

About Imperial Logistics

Imperial Logistics is the leading logistics and supply chain management company in southern Africa with an international footprint in Europe. Imperial Logistics Southern Africa provides customised value-added logistics services and supply chain solutions to blue chip customers in almost every industry. Imperial Logistics is a division of the Imperial Group and the Southern Africa division is home to more than 70 operating companies, categorised into four key divisions, namely Transport and Warehousing, Consumer Products, Specialised Freight and Integration Services. Imperial Logistics International focuses on European markets and comprises four operating units, namely Panopa Logistik, neska, Imperial Reederei and Brouwer Shipping. For further information, please visit www.imperiallogistics.co.za

 

About Rustgold Transport

Headquarted in Rustenburg, Rustgold Transport operates mainly in the north-western parts of South Africa and offers cross border distribution into Botswana and Namibia. Rustgold Transport was established in 1980 and focused on the cement industry. Since 1994 the company has specialised in medium and long distance distribution of palletised cementitious products, clinker, magnetite, various raw materials as well as bricks. Rustgold Transport boasts a specialised fleet comprising truck tractors, tri-axle aluminium flat deck trailors, flat deck interlink trailors, side tippers and 15 Moffett Mounty forklifts.

PR Contacts:

Imperial Logistics:  Abrie de Swardt, Marketing Director, Tel:+27.11.8215500;

Mobile: +27.83.6251158; Email: abrieds@il.co.za