Summarised audited results
for the 12 months ended 30 June 2021

Imperial is your 'Gateway to Africa'
Imperial is your 'Gateway to Africa'


European shipping operations

Implemented on 31 July 2020, Imperial disposed of its interest in its European shipping business to the Cologne based Häfen und Güterverkehr Köln AG (HGK). The aggregate purchase price of €171 million (c.R3,4 billion) was settled by HGK in full and in cash on the date of implementation. The shipping business is non-core to Imperial's strategic imperative – which is to grow our African footprint and reach, and position the group as the 'Gateway to Africa' in the medium- to long-term.

South American shipping operations

Imperial concluded 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 agreed maximum enterprise value for the interest in the South American Operations was USD90,0 million (c.R1,3 billion).


The sale of Pharmed in South Africa to the Arrie Nel Pharmacy Group was concluded on 13 November 2020.

As communicated previously, the disposal of Pharmed does not represent our exit from the healthcare industry in South Africa but merely the exit from non-core wholesale activities. The high growth and resilient healthcare industry remains key to our 'Gateway to Africa' strategy and we remain committed to the many multi-national principals and clients we serve across the African continent. We will continue to serve such principals and clients through our logistics business, and through the ongoing expansion of our healthcare Market Access business in South Africa.