Carlyle Group and Investec Asset Management have agreed to invest in J&J Africa, a logistics company specializing in transportation along the Beira corridor, to enhance its growth in the rapidly expanding Southern African market.
Target Company Overview
J&J Africa, founded in 1995, is a prominent logistics company specializing in road transportation along the Beira corridor, a crucial trade route in Southern Africa. With over 18 years of experience in cross-border transport, J&J has positioned itself as a reliable and efficient provider of transport and logistics services to a diverse international customer base. The company operates a fleet of 800 trucks and boasts extensive storage infrastructure, enabling it to cater to the rapidly growing economies in the region, particularly in Mozambique and Zambia.
Industry Overview in Mozambique
The logistics and transportation industry in Mozambique is integral to the country’s economic development. The Beira corridor, connecting landlocked countries to the coast, serves as a vital trade route, facilitating the transport of goods and enhancing regional trade. Investment in this sector is essential as it supports the growing demand for efficient supply chain solutions driven by increased trade and economic activity.
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Over the past decade, the logistics sector in Mozambique has witnessed significant growth, thanks to improvements in infrastructure and increased foreign investments. The government has prioritized the development of transport networks and logistics cap
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The Carlyle Group and Investec Asset Management
invested in
J&J Africa
in 2014
in a Growth Equity & Expansion Capital deal