CMA CGM finalizes Bollore Logistics acquisition

Chamber of Shipping > Blog > News > International > CMA CGM finalizes Bollore Logistics acquisition

The Bolloré Group has finalized the sale of Bolloré Logistics to the CMA CGM Group, with the exception of Bolloré Logistics Sweden AB, pending foreign investment clearance in Sweden. The transaction, valued at 4.85 billion euros, marks CMA CGM’s most significant acquisition since its inception in 1978. Bolloré Logistics, a major global player in the transport and logistics industry, reported a 2022 turnover of 7.1 billion euros, handling 710,000 TEUs of ocean freight and 390,000 tons of air freight, and managing a storage capacity of 900,000 m2. This acquisition is a key component of CMA CGM Group’s logistics expansion strategy, enhancing its core maritime transport services.

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