LCL and Grindrod to Join Forces

Grindrod and LCL announced their intention of joining forces in sea and land based perishable logistics in Southern Africa. The newly formed company LCL Grindrod Pty Ltd will operate with effect from January 2006 on condition that all regulatory requirements are met. LCL Grindrod will be based in Cape Town with offices in Durban, Port Elizabeth, Johannesburg, Komatipoort and Maputo. The company is expected to handle about 150 000 pallets of fruit to destinations mainly in Europe, North America and the Far East during 2006.