Monday, May 29, 2023

CMA CGM enters into exclusive negotiations to acquire Bolloré

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The CMA CGM Group announced today that it has entered into exclusive negotiations to acquire the transportation and logistics activities held through Bolloré Logistics.

The negotiations are in line with the CMA CGM Group’s long-term strategy, based on the two pillars of shipping and logistics. The Group’s strategy is to offer end-to-end solutions in support of its customer’s supply chain needs.

If a deal is reached, the acquisition would further strengthen the CMA CGM Group logistics activities.

The negotiations in no way guarantee an acquisition in the end.

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