Bollore: THE BOLLORÉ GROUP AND THE CMA CGM GROUP ANNOUNCE THE SUCCESSFUL SALE OF BOLLORÉ LOGISTICS TO CMA CGM
29 Febbraio 2024 - 12:57PM
Bollore: THE BOLLORÉ GROUP AND THE CMA CGM GROUP ANNOUNCE THE
SUCCESSFUL SALE OF BOLLORÉ LOGISTICS TO CMA CGM
02.29.2024
THE BOLLORÉ GROUP AND THE CMA CGM GROUP
ANNOUNCE THE SUCCESSFUL SALE OF BOLLORÉ LOGISTICS TO CMA
CGM
The Bolloré Group and the CMA CGM Group announce
the completion today of the sale of 100 % of Bolloré Logistics to
CMA CGM, it being specified that the transfer of Bolloré Logistics
Sweden AB to the CMA CGM Group remains subject to the latter
obtaining foreign investment clearance in Sweden.
The purchase price is 4.850 billion euros, on
the basis of the estimated debt and cash on the completion
date.
As a leading transport and logistics company in
France, and one of the main players in the sector worldwide,
Bolloré Logistics achieved in 2022 a turnover of 7.1 billion euros,
transported 710,000 TEUs of ocean freight and 390,000 tons of air
freight, along with a storage capacity of 900,000 m2.
This is CMA CGM’s largest acquisition since its
creation in 1978 and constitutes a major step in the CMA CGM
Group’s logistics development strategy, complementing its
historical maritime transport line of business.
Mr. Rodolphe Saadé, CEO and Chairman of
the CMA CGM Group, declared: “I would like to thank the
Bolloré Group for the trustful dialogue we have established over
the last few months to successfully finalize this acquisition.
Within the CMA CGM Group, we are proud to welcome a French flagship
built on years of work and experience.The new entity, made up of
CEVA and Bolloré Logistics, is the world's number 5 in its sector.
We will now be able to offer our customers a complete range of
services and extend our expertise to new businesses.On behalf of
the CMA CGM Group and my family, I would like to welcome the 14,000
employees who are joining us today. Together, we will combine our
talents and accelerate our development!”
Mr. Cyrille Bolloré, CEO and Chairman of
the Bolloré Group, added: “This is the beginning of a new
chapter for Bolloré Logistics’ employees. I am very pleased that
they are joining the CMA CGM Group and the Saadé family. They will
bring unique expertise and know-how, which have long made the pride
of the Group and which will be the pride of CMA CGM tomorrow. It is
also a great opportunity for our customers around the world and I
would like to take this opportunity to thank them for their trust
and loyalty”.
CMA CGM press contact media@cma-cgm.comFollow
CMA CGM Group
Bolloré press contactDGM ConseilMichel
CalzaroniTel. : + 33 (0)1 40 70 11 89
- 2024-02-29-CP Conjoint BSE CMA GB
Grafico Azioni Bollore (EU:BOL)
Storico
Da Dic 2024 a Gen 2025
Grafico Azioni Bollore (EU:BOL)
Storico
Da Gen 2024 a Gen 2025
