DP World plans to buy South Africa’s Imperial Logistics Ltd for $890 million (R12. 7 billion), in what the port operator said would be its most significant acquisition in Africa so far.

A chair of the board (COB) holds the most power and authority on the board of directors and provides leadership to the firm’s officers and executives. The chair of the board ensures that the firm’s duties to shareholders are being fulfilled by acting as a link between the board and upper management.

Mohammed Akoojee
Mohammed Akoojee Mohammed was appointed Group CEO of Imperial on 1 February 2019. He joined the Imperial Group in 2009, and prior to his current role, served as the acting CEO of Imperial Holdings in addition to his role as group CFO.

The Company offers transportation, warehousing, distribution and synchronization management, freight forwarding, brokerage, and other related services. Imperial Logistics serves the consumer packaged goods, manufacturing and mining, chemicals and energy, healthcare, automotive, and agriculture sectors worldwide.

Within the corporate office or corporate center of a company, some companies have a chairman and chief executive officer (CEO) as the top-ranking executive, while the number two is the president and chief operating officer (COO); other companies have a president and CEO but no official deputy.

Founded in 1948 as a motor dealership in Johannesburg, and listed on the JSE in 1987, Imperial Holdings evolved into one of the country’s largest diversified multinational groups.

1946
IMPERIAL LOGISTICS LTD/Founded

(Entry 1 of 2) 1a : of, relating to, befitting, or suggestive of an empire or an emperor. b(1) : of or relating to the United Kingdom as distinguished from the constituent parts. (2) : of or relating to the Commonwealth of Nations and British Empire.

Imperial Holdings owns an integrated chain of businesses focused on the products and services that provide life’s modern necessities. Your business, our expertise. By working with our portfolio of businesses to strategically manage them for long-term growth, the collective true potential of our businesses and properties is realized.

Effective July 2020, Hakan serves as the CEO of the Logistics International business. Previously, he was the CEO of Imperial International BV & Co KG. Prior to this, Hakan was chief commercial officer at CEVA Logistics.

Since its establishment in 1986, Imperial Group has operated a small property investment Company in Hong Kong. We have gone through 30 years of ups and downs with a tight-knit team and received unstinting support and cooperation from various stakeholders in society.

The Company operates through three divisions: Logistics South Africa, Logistics African Regions and Logistics International. Logistics South Africa division provides value-add logistics and supply chain management solutions in consumer packaged goods (CPG), chemicals and energy, mining and manufacturing, automotive and healthcare industries.