DP World completed the acquisition of Imperial Logistics for $887m.

DP World, an Emirati multinational logistics company, completed the acquisition of Imperial Logistics, an integrated logistics and market access company with operations mainly across the African continent and in Europe, for $887m. “The acquisition of Imperial will help DP World to build better and more efficient supply chains for the owners of cargo, especially in Africa. Imperial’s operations are complementary to our network of ports, terminals and logistics operations on the continent. Like DP World, Imperial’s biggest asset is its people, and we look forward to welcoming employees of Imperial into the DP World team on successful conclusion of the transaction,” Sultan Ahmed Bin Sulayem, DP World Group Chairman and CEO.