Comment / M&A radar: As it grows up, Imperial Logistics is on the hunt

Several logistics companies operating outside the major league seldom receive the attention of the media and analysts. South Africa’s Imperial Logistics is one of them. But it warrants a mention today after releasing an annual update this week that proves it currently remains in full transitional mode.

However, judging by the remarks of its chief executive Mohammed Akoojee – a logistics manager boasting a solid finance background – something has got to give after a year during which several headline figures didn’t ...