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Bolloré Africa Logistics sold to MSC Group

[ April 7, 2022   //   ]

Bolloré Group signed an agreement on April 1 to sell 100% of Bolloré Africa Logistics to the MSC Group. The sale comprises of the Bolloré Group’s transport and logistics activities in Africa, on the basis of an enterprise value, net of minority interests, of 5.7 billion euros.
The sale remains subject to regulatory and competition approvals and the agreement of certain of Bolloré Africa Logistics’ counterparties and is expected to be completed by the end of the first quarter of 2023.

The Bolloré Group will remain strongly involved in Africa, notably through Canal+, and will also continue to develop on this continent its activities in numerous sectors such as communications, entertainment, telecommunications and publishing.

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