Barloworld logistics acquires a controlling stake in Manline | Infrastructure news

Barloworld Logistics’ Dedicated Transport Services division has merged with Manline, the diversified logistics provider specialising in transport and other logistics solutions.

The merged business will become Barloworld Transport Solutions, a 50.1% held subsidiary of Barloworld Logistics. The transaction involved the disposal of Dedicated Transport Services, together with a R40 million cash contribution, in exchange for shares in Manline.

Martin Laubscher, CEO of Barloworld Automotive and Logistics says: “This transaction is an exciting development that provides Barloworld Logistics with an expanded platform for growing the transport business across Southern Africa. It forms an important part of our overall strategy to build a leading integrated logistics business.”

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