Business, Freight News, Sea

Imperial to sell Latam shipping business

[ April 23, 2021   //   ]

Africa-based Imperial Logistics is to sell its South American shipping business to Hidrovias do Brasil, an independent integrated logistics provider focused on waterways in the region, for a maximum of US$90.0 million. Imperial will focus on its African business in the healthcare, consumer, chemicals, automotive, and industrial and commodities industries.

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