Global fund manager IFM Investors and Trafigura Group Pte Ltd, one of the world’s leading independent commodity trading companies, have today completed the creation of a 50:50 joint venture (JV) by an issue of new shares to IFM.
This joint venture owns and operates Impala Terminals’ network of concentrates terminal infrastructure in Mexico, Peru and Spain, and also includes fluvial operations in Paraguay and operations which provide global freight forwarding and multimodal transportation services for Trafigura and third party clients.