Imperial, whose activities cover auto retailing, rental and logistics, said the deal would “enhance the relationship it already has with MiX Telematics.”

MiX Telematics, which owns the third largest vehicle tracking supplier Matrix, already provides services to Imperial's 250 new and used vehicle dealerships.

“These dealerships form an important distribution channel for MiX's vehicle tracking brand, Matrix,” Imperial said. “Several of MiX's other products in the fleet management arena, which are successfully marketed in South Africa and abroad, may also find applications in the Imperial group.”

Edited by Ben Lobel