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.
Also Read
Aero Africa launches sea-air freight service from Asia to Africa via Dubai
Value of innovation management in logistics service provision not yet recognized
Treasury Secretary Scott Bessent has defended the Trump administration’s latest trade policies, arguing that the…
In a volatile week marked by significant market fluctuations, stock futures for the Dow Jones…
Broadcom Inc. (NASDAQ: AVGO) saw a significant surge in its stock price, jumping approximately 13%…
A SpaceX Starship prototype exploded over the Caribbean Sea on Wednesday, marking the second failure…
Poundland, one of the UK’s most recognizable discount retail chains, is set to be put…
Barclays Bank is set to pay up to £7.5 million in compensation to customers following…