Imperial Logistics has acquired a majority stake in Interstate Bus Lines, the largest commuter bus operation in the Free State.
This acquisition is in line with the company’s strategy to diversify into other, related industries, says Imperial Logistics South Africa CEO Nico van der Westhuizen.
Interstate’s primary business is providing public transport services on behalf of the provincial government to commuters in and around Bloemfontein. Founded in 1975, the operation comprises a fleet of 253 commuter buses and 32 luxury coaches, and has a staff complement of 800 employees. Interstate transports approximately 50 000 passengers daily and its buses travel approximately 17 million kilometres a year.