About Grindrod
Grindrod is a publicly listed company based in Durban (South Africa) founded in 1910. Freight forwarding and logistics services are provided globally by Grindrod. Its chief executive, as recorded, is Andrew Waller. Its focus areas include Transportation and Logistics, Freight Forwarders and Multi Modal. Its legal entity is GRINDROD LIMITED.
Company details
Grindrod was established in 1910 in Durban, South Africa, as a provider of freight forwarding and logistics services. Operations are focused on the transportation and supply chain sector, with services encompassing cargo handling, warehousing, and international shipping. The company maintains a presence in key African and global markets, led by CEO Andrew Waller. Activities are conducted across maritime, road, and rail networks to support trade logistics.
- Headquarters Durban, South Africa
- Stage Public
- SectorsTransportation, Automotive & Logistics
- Website category Business and Consumer Services · Shipping and Logistics
- Email••••••••
- Phone•••• ••••
- Website grindrod.com
- Social LinkedIn Facebook
- Legal Name Grindrod Limited
- Annual Revenue$335.99 M (USD)11.7as on Dec 31, 2025
- Net Profit$129.32 M (USD)448.11as on Dec 31, 2025
- EBITDA$87.62 M (USD)62.8as on Dec 31, 2025
- Latest Funding Round$658K (USD), Grant
Oct 2017
- InvestorsRemgro
& 2 more
Funding Insights of Grindrod
- Total Rounds 5
- Last Round Grant — $658,000
- First Round $41.09M
(Sep 2011)
- Investors Count 3
All 5 funding rounds of Grindrod with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2017 | $658,000 | Grant | – | – | |
| Nov 2015 | $330,663 | Grant | – | – | – |
| Mar 2015 | $178,590 | Grant | – | – | – |
| Jun 2014 | $16.6M | Post-IPO | – | – | |
| Sep 2011 | $41.09M | Post-IPO | – | – |
3 investors in total: 3 institutional.
Investors in Grindrod
Grindrod has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Remgro, European Union and British International Investment.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government agency focused on small and medium-sized businesses | 1948 | bii.co.uk | London, United Kingdom | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Investments are held in diverse Southern African sectors. | 1999 | remgro.com | Stellenbosch, South Africa |
Investor details for Grindrod
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Grindrod
1 people are tracked at Grindrod (1 in leadership).
| Name | Role | Group |
|---|---|---|
Andrew Waller | CEO | Leadership |
Complete people profiles for Grindrod
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Grindrod
Grindrod is a publicly listed company on the JSE with ticker symbol GND in South Africa, operating in the Transportation sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date18 Jun 2018
- Listed onNASDAQ: GRIN
- Listed entityGrindrod Limited
- Exchange sectorTransportation
- ISINZAE000072328
- Share price2,760.00 ZAC (-0.4% on the day) · 2026-10-14
- Market capitalisation18,607,978,107.00 ZAC
- Price to earnings15.4
- EPS (diluted, trailing year)1.80 ZAC
- Dividend yield1.45%
- Volume (last session)12,984
Financials of Grindrod
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 5.56B ZAR | 2.14B ZAR | 1.45B ZAR |
| 2024 | 4.98B ZAR | 390.3M ZAR | 888.9M ZAR |
| 2023 | 4.85B ZAR | 1.06B ZAR | 1.24B ZAR |
| 2022 | 5.88B ZAR | 657.5M ZAR | 954.2M ZAR |
| 2021 | 3.42B ZAR | 221.4M ZAR | 820.9M ZAR |
Detailed financial statements for Grindrod
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Grindrod
4 dated milestones of Grindrod across 108 years, from founding to its latest funding, stage changes and deals.
- Founded Grindrod is founded.
- Funding First funding round of $41.1M.
- Funding Latest funding round, Grant, of $658K.
- IPO Lists on the stock exchange (IPO).
Web traffic of Grindrod
The website of Grindrod (grindrod.com) receives about 9K visits a month and ranks #1,685,353 among all websites worldwide, #7,023 in Shipping and Logistics.
- Monthly visits9K
▼ 37.6% vs previous month
- Unique visitors6.2K
per month
- Global rank#1,685,353
among all websites
- Category rank#7,023
Business and Consumer Services · Shipping and Logistics
- Bounce rate28%
- Pages per visit1.8
- Average visit9 sec
- DevicesDesktop 17% · Mobile 83%
Websites whose visitors overlap most with Grindrod. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| worldcargonews.com | 100% | #650,756 | View details |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Grindrod
Complete news archive for Grindrod
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Grindrod
Grindrod was founded in 1910 and raised its 1st funding round 101 years after it was founded.
Grindrod is headquartered in Durban, South Africa. It is registered at Durban, Kwazulu-natal, South Africa.
Andrew Waller is the CEO of Grindrod, as recorded in our data.
Annual revenue of Grindrod is $335.99M as on Dec 31, 2025.
Grindrod was established in 1910 in Durban, South Africa, as a provider of freight forwarding and logistics services. Operations are focused on the transportation and supply chain sector, with services encompassing cargo handling, warehousing, and international shipping. The company maintains a presence in key African and global markets, led by CEO Andrew Waller. Activities are conducted across maritime, road, and rail networks to support trade logistics.
Yes, Grindrod is publicly traded on JSE under the ticker symbol GND.
Grindrod has 3 investors. Key investors include Remgro, European Union, and British International Investment.
Grindrod operates through Grindrod Limited.