DP World-owned logistics firm Imperial has doubled its PST Sales & Distribution stake. PST is Botswana-based enterprise offering services like supply chain management, financial and administrative management, and sales and branding. With its origins in Botswana, this home-grown company has more than 30 years of experience in the field. Imperial has raised its stake from 38 percent to 72 percent, which came into effect on July 1, 2022.
Mohammed Akoojee, the Chief Operating Officer of DP World Logistics and Group CEO for Imperial, spoke about this move, “PST’s sound knowledge of the consumer landscape in Botswana, coupled with its comprehensive distribution and sales solutions, aligns well with DP World’s strategic objective of leveraging assets and logistics to create an integrated global supply chain – from the factory floor to customer door.”
He added, “PST further entrenches Imperial as the leading distributor of consumer goods in Southern Africa, providing brand owners with informed and unparalleled access to their end consumers by leveraging our in-market networks and in-country infrastructure.”
Johan Truter, the CEO of Imperials Market Access business, emphasized that PST has the infrastructure to provide a nationwide route to market solution and a team of product specialists that enables it to serve the entire trade universe and has unmatched local knowledge with all employees being local including top management.
Autash Arora, the Managing Director at PST, underlined, “This transaction further cements PST’s relationship with Imperial and bodes well for our vision of being the best FMCG distributor in the country and delivering well-known brands and household names to the people of Botswana.”
Imperial has highlighted that PST has the infrastructure to provide a nationwide route-to-market solution. PST also has an expert team of product specialists, enabling the business to participate in every category of the FMCG industry.