CMA CGM Closes Bolloré Purchase

CMA CGM on Feb. 29 said the French shipping and logistics company has completed the purchase of The Bolloré Group for 4.85 billion euros, based on estimated debt and cash on the completion date.Bolloré Logistics, the transport and logistics business unit of Bolloré Transport & Logistics, reported 2022 turnover of 7.1 billion euros, 710,000 20-foot equivalent units of containers and 390,000 tons of air freight.“We are proud to welcome a ... [+]

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