CMA CGM has acquired Bolloré Logistics for 4.85 billion euros, marking a significant expansion of its logistics capabilities and positioning itself as a leading player in the global logistics market.
Information on the Target
Bolloré Logistics, a prominent transport and logistics firm based in France, operates as one of the leading players in the global logistics industry. In 2022, Bolloré Logistics recorded a turnover of 7.1 billion euros, showcasing its strong market presence. Additionally, the company managed to transport 710,000 TEUs of ocean freight and handled 390,000 tons of air freight. Its extensive storage capacity of 900,000 m2 further emphasizes its operational capabilities and infrastructure.
Industry Overview in France
France's logistics and transport industry is characterized by its strategic geographical position in Europe, making it a vital hub for trade and transportation. The industry has experienced robust growth, driven by increasing demand for efficient supply chain solutions and the rise of e-commerce. Companies in this sector are continually adapting to technological advancements, with a focus on digitalization and automation to enhance operational efficiency.
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Moreover, the French logistics sector is influenced by regulatory changes aimed at sustainability and environmental protection. Companies are now prioritizing eco-friendly practice
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in 2023
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Disclosed details
Transaction Size: $4,850M
Revenue: $7,633M