DP World’s Imperial increases stake in Botswana-based distributor PST to 72% – The National

DP World’s Imperial increases stake in Botswana-based distributor PST to 72% – The National

DP World-owned Imperial increased its stake in Botswana firm PST Sales & Distribution to 72 per cent, up from 38 per cent, as part of the port operator's strategy to create an integrated global supply chain.

The deal was completed on July 1, Dubai-based DP World, said in a statement on Monday.

PST specialises in supply chain management, sales, branding and financial and administrative management. It works with multinationals in the food and non-food fast moving consumer goods (FMCG) sector.