Mohammed Akoojee-led Imperial Logistics acquires controlling stake in Africa FMCG Distribution Limited
The transaction is Imperial’s first since being acquired by DP World on March 21.
Imperial Logistics
Dubai-based businessman Sultan Ahmed bin Sulayem’s DP World acquires South African logistics firm
The buyout will see South African businessman Mohammed Akoojee earn at least $1.5 million.
South African tycoon Mohammed Akoojee’s Imperial Logistics acquires stake in Ascendis Pharma
The transaction marks another milestone for Imperial’s healthcare business.
DP World acquires Phumzile Langeni’s Imperial Logistics
The move significantly strengthens its presence on the African market.