24 August 2021
Annual Results 2021 presentation
The board of directors of Imperial is pleased to announce that it has entered into transaction agreements with B-BBEE shareholders (Afropulse, Willowton and Converting Trade), in relation to a proposed transaction that would provide the B-BBEE shareholders with an opportunity to participate in a 25% B-BBEE shareholding in Imperial Logistics Group South Africa Proprietary Limited (ILSA – the Imperial company which subsequent to the transaction will house most of the Group's South African operations).
Imperial announces the sale of its South American shipping business to Hidrovias do Brasil S.A. The board of Imperial is pleased to announce that it has entered into an agreement for the sale of its South American shipping business to Hidrovias do Brasil S.A., an independent integrated logistics provider focused on waterways logistics services in Latin America. The closing date of the transaction was 16 April 2021.
The Imperial Innovation Venture Fund, a partnership with Newtown Partners, together with Johnson & Johnson Foundation, participated in a USD1.5M seed round for Ghana-based health tech startup, Redbird, bringing total funding raised to date to USD2M.