Imperial Logistics buys Namibia’s Deep Catch to grow cold storage capacity
The R633m deal will help bolster its presence in markets where cheap protein is in high demand
17 June 2021 - 08:47
UPDATED 17 June 2021 - 16:10
Imperial Logistics, whose trucks haul everything from fuel to beer, is beefing up its cold-storage capacity in Southern Africa as it eyes a bigger footprint in a region where cheap protein is in high demand.
Imperial, which is pursuing a strategy of becoming a “gateway to Africa”, has agreed to pay R633m for Deep Catch Namibia, which is engaged in the wholesale, distribution and cold storage of perishable foods, mainly poultry, fish and dairy products...
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