Imperial and LMI Holdings set up joint venture in Ghana

09.02.2017 – Duisburg. Imperial Logistics in Africa has established a joint venture with the Ghanaian conglomerate LMI Holdings. Imperial LMI Logistics Limited (60 percent Imperial, 40 percent LMI) will market the logistics expertise of Imperial Logistics and the logistics facilities and infrastructure operated by LMI Holdings within the new joint enterprise.

While LMI Holdings is relying on Imperial’s technical and operational experience and making better use of its own facilities, Imperial Logistics can expand its business model in Africa with the help of the infrastructure provided by LMI Holdings without having to acquire or maintain its own fixed assets. This principle, known as “asset light”, characterises the future business model, which Imperial has outlined in Africa in the “Imperial Managed Solutions” product area: this entails no Imperial logistics facilities and vehicles, but cooperation with local partners. Thanks to complementing each other, both partners can offer a greater range of services and also strengthen Ghana’s position as a West African trading centre. If the three major African trading blocs were to merge to form one continental free trade zone, Ghana’s significance as a hub for inner-African trade would increase.

The services, which the joint company wishes to offer during the initial phase, include freight traffic, national and cross-border distribution logistics, warehousing for break bulk cargo and bulk commodities (including temperature-controlled and bonded storage) and additional services like stuffing and destuffing containers, incoming and outgoing container transportation, packaging and light assembly work. As far as possible, most employees should be Ghanaians, who will be trained appropriately by Imperial. 

LMI Holdings, which was founded in 1992, specialises in building construction and civil engineering, energy supplies, telecommunications and logistics. The company operates a logistics warehouse measuring 93,000 square metres in the Ghanaian port city of Tema and it will play a central role in the portfolio of services provided by the new joint venture. The LMI Group is also investing in transport infrastructure projects. They include a container terminal at the port of Tema (scheduled for completion in 2018) and railways from the port of Tema to the Dawa Business Park situated to the east. Imperial has been working in Ghana for seven years through its subsidiary Imperial Health Science GH LTD – a pharmaceutical logistics company.

Imperial Logistics, the logistics division of the South African Imperial Group, consists of the following subdivisions: Imperial Logistics South Africa, Imperial Logistics Rest of Africa and Imperial Logistics International. The annual turnover of the logistics division, Imperial Logistics, is approx. EUR 3 billion. 

IMPERIAL Logistics International B.V. & Co. KG

As a wholly owned subsidiary of the South African company Imperial Holdings Limited, Imperial Logistics International is responsible for coordinating and managing all the international logistics business of Imperial Holdings Limited outside Africa. The varied portfolio of services at Imperial Logistics International, which has its headquarters in Duisburg, is separated into two divisions: the Group pools all its transport services in the Shipping, Road and Express Freight business units in the Imperial Transport Solutions division. The Imperial Supply Chain Solutions division covers all the services in the contract logistics, contract manufacturing and warehousing sectors for the Automotive, Industrial, Retail and Chemicals business units. Working together, both divisions provide a full and transparent range of services from one source along the complete supply chain. Beyond its pure logistics services, Imperial Logistics International has also become established as a process consultant for third parties, a fleet manager for outside car fleets and a provider of insurance services related to particular sectors. Imperial Logistics International employs more than 8,300 people and, including the new acquisition, Palletways, generates turnover amounting to EUR 1.6 billion at 170 business locations. www.imperial-international.com


Contact details:

Imperial Logistics International B.V. & Co. KG

Claus Grimm

Senior Specialist Press & External Communication
Phone +49 203 3188-7551
claus.grimm@imperial-international.com

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CLAUS GRIMM
Senior Specialist
Press & External Communication
Phone: +49 203 3188-7551
Fax: +49 203 3188-7562