Dubai, UAE,19 July 2022 This acquisition strengthens DP World’s position in Africa as an end-to-end logistics provider, by adding J&J’s significant presence along these key corridors in Africa. Sultan Ahmed Bin Sulayem, Group Chairman and CEO of DP World Imperial, owned by DP World, announced today that all the requirements relating to its 100% acquisition of the J&J Group have now been fulfilled. The transaction relating to the acquisition of the first tranche of shares (51%) of the J&J Group, which was announced on 29 July 2021, was closed on 18 July…
Read MoreDP World’s Imperial obtains approval for acquisition of 100% stake in Africa-based J&J Group
