Grindrod Ltd

Detailed Description

Grindrod Limited, together with its subsidiaries, engages in freight and logistics, and financial services business in South Africa and internationally. It engages in the road transportation of motor vehicles, petroleum products, liquid petroleum gas, and dry bulk commodities; cross dock and warehousing, containerized cargo by rail and road, and containerization of bulk commodities; sale and leasing of new and used containers; and provision of depot services, as well as clearing and forwarding, and cross border facilitation services. The company also provides sea freight logistics services; ships agency, technical, maritime, marine and industrial engineering, cross border and project logistics, and container services; freight forwarding, customs brokerage, and related logistics services; and rail services, including consultancy, stock leasing and finance, and managing services. In addition, it arranges conferences and events; operates ports and terminals; and provides stevedoring services comprising handling of bulk commodities, break bulk commodities, containers, and vehicles. Further, the company offers financial services comprising cash deposit management services; overdrafts, term loans and invoice discounting facilities, and mezzanine finance; originates and manages unlisted redeemable preference shares; issues notes; retail banking products and services; and property lending services. Additionally, it is involved in the private equity investment business. Grindrod Limited was founded in 1910 and is based in Durban, South Africa.