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03 June 2020 The on-line newspaper devoted to the world of transports 05:19 GMT+2

May 7, 2020

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Handel und Goterverkehr Koln buys the fleet and South African river transport activities in Europe Imperial

The more than 400 vessels carry more than 45 million tons of goods per year

The South African logistics group Imperial, through the company fully controlled Imperial Logistics International, has entered into an agreement with Germany's Handel und Goterverkehr To sell her transport business Europe. This area of activity 910 people and in the annual year ended 30 June 2019 reported revenues of 350.9 million euros and a operating profit of 19.5 million euros.

Handel und Goterverkehr Koln is a 54.5% owned by Stadtwerke Koln, a company infrastructure and services of the municipal administration Cologne, 39.2% from the same municipal administration and 6.3% from the Rhine-Erft District. The company, as well as river transport activities, also deals with activities ports, logistics and rail transport in Germany, the Netherlands, Belgium and France. Handel und G.terverkehr Koln occupies 1,350 people and generates annual revenues of about 550 million euros.

The fleet of river units used in Europe by the Imperial Logistics International, which consists of more than 400 boats, is mainly concerned with the transport of solid bulks, liquid bulks, chemicals and gas rivers, Rhine, Meno, Danube, Neckar and Elba and on the canal system Germany. The fleet currently carries more than 45 million tons of goods per year.

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