Deal strengthens Agility in strategic market, gives Super Group access to global network
DUBAI – June 29, 2016 – Leading global logistics provider Agility announced that it has formed a joint venture in South Africa with Super Group, a Johannesburg-based supply chain management and transportation specialist, after acquiring a minority stake in Super Group’s freight forwarding unit.
SG Agility Proprietary Ltd. will be led by Henk Theron, formerly CEO of Micor, Super Group’s freight forwarding business. Super Group, listed on the Johannesburg Securities Exchange, is a leader in South Africa’s supply chain and contract logistics market.
Super Group’s Micor unit has been a global strategic partner for Agility since 2005. The new venture, SG Agility, will offer local and multinational customers a range of logistics and supply chain solutions, including air freight, ocean freight, road freight, customs clearance, warehousing, and distribution. SG Agility will have more than 150 employees. Its head office is Johannesburg; branch offices are located in Port Elizabeth, Durban and Cape Town. [Read more…]