Transporters contest SA firm�s bid for 4MS

Tuesday, December 13, 2016

Local transporters are against the aquisition bid.PIC MORERI SEJAKGOMO

Local transport industry players are poised to block the acquisition of assets and cession of the main contracts belonging to 4MS Group Holdings by Transport Holdings Limited.

The acquiring company, Transport Holdings is a logistics subsidiary of Imperial Holding Group of South Africa and is involved in carrying out large-scale transportation.

On the other hand 4MS Group, established as a citizen/driver empowerment scheme by Kgalagadi Breweries Limited (KBL), is in the businesses of ad hoc line haul transport to the general market and line haul transport services to KBL.

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Transporters contest SA firm�s bid for 4MS

Local transport industry players are poised to block the acquisition of assets and cession of the main contracts belonging to 4MS Group Holdings by Transport Holdings Limited.