BLG Logistics takes on empowerment partner

LEONARD NEILL
AN EASTERN Cape black empowerment group, Ikhwezi Holdings, has entered into a joint venture agreement with giant German company Bremen Lagerhaus Gesellschaft (BLG) Logistics.
BLG employs 6500 worldwide and recorded sales of more than R5 billion last year. It specialises in automobile, contract and container logistics. Last year the company handled the movement of 3,22 million vehicles alone.
Ikhwezi directors opened negotiations with BLG almost two years ago. Now a joint office, BLG Ikhwezi Logistics, has opened in Port Elizabeth with its directorship equally divided between that city and East London.
According to directors Kalipile Mabentsela and Pieter Bosch, the focus of the company will be to target logistics opportunities, especially in the African market, with specific emphasis on the automotive industry.