Bolloré Africa Logistics

MSC completes acquisition of Bolloré Africa Logistics

MSC Group confirmed that its wholly owned subsidiary SAS Shipping Agencies Services has completed the acquisition of Bolloré Africa Logistics.

The Swiss/Italian company said the transaction was approved by all applicable regulatory authorities.

MSC’s acquisition of Bolloré Africa Logistics SAS and its affiliates ‘Bolloré Africa Logistics Group’ highlights the long-term commitment of MSC to invest in African supply chains and infrastructure, supporting the needs of clients of both businesses,...

https://container-news.com/msc-completes-acquisition-of-bollore-africa-logistics/

MSC adds Indian East Coast terminal presence via Bollore buy

Mediterranean Shipping Co. (MSC) has strengthened its competitive prowess in India with a €5.7 billion (US$6.3 billion) buy of Bollore Africa Logistics that includes a stake in one of the growing container terminals in the country’s east coast region.

Jointly with local partner Indian Ports & Logistics Pvt. Ltd., Bollore operates Dakshin Bharat Gateway Terminal (DBGT) in Tuticorin Port, also known as V.O. Chidambaranar Port.

Subject to necessary regulatory approvals, MSC concluded the African...

https://container-news.com/msc-adds-indian-east-coast-terminal-presence-via-bollore-buy/

Against the odds: Bolloré Logistics – what happens to the rump after MSC takes its African bite

Those familiar with Bolloré affairs would understand that the way the French group has so far played the possible sale of its African logistics business, aka ‘BAL‘, has been flawless.
“Bolloré Group doesn’t comment on rumours in the press regarding its transportation and logistics [T&L] activities,” it said on 15 October when the first domestic reports and speculation emerged.
Without clearly identifying which T&L activities, in fact, may be the subject of …

The post Against the odds: Bolloré...

https://theloadstar.com/against-the-odds-bollore-logistics-moving-the-needle-in-top-forwarding-ma/

Against the odds: MSC’s Bolloré bid is complex – may leave CMA CGM exposed

MSC’s bid to purchase Bolloré’s African port business may transpire to be one of the largest single M&A moves in the transport and logistics sector – but it could also turn out to be hideously complex.
As DVZ’s editor-in-chief Sebastian Reimann noted in his commentary on the deal: “The many [African] acquisitions make it clear, however, that it is hardly possible to develop this promising, but also highly complex, market organically. …

The post Against the odds: MSC’s Bolloré bid is complex –...

https://theloadstar.com/against-the-odds-mscs-bollore-bid-is-complex-and-could-leave-cma-cgm-exposed/

M&A radar: Mærsk spree… LF Logistics $3.6bn buy – ‘boisterous insanity’?

On Monday, quickly sifting through the 99,999-plus-unread-emails in my inbox (screen grab below) I thought: the M&A binge outside logistics looks so good and widespread, anyway, that something must be fundamentally broken but we’ll soon have our ‘glory days’ in supply chain.

Ohhh, if grandma was still around.
Then
Tuesday came with the MSC/BAL asset-based €5.7bn announcement and today we were incredibly pleased to find out, given the M&A news flow, that …

The post M&A radar: Mærsk spree… LF...

https://theloadstar.com/ma-radar-maersk-spree-lf-logistics-3-6bn-buy-boisterous-insanity/

Market Insight: Pre-Christmas (M&A) supper with MSC, Mærsk & Bolloré

Hustle and bustle.
Welcome to the Forward Logistics Matrix age, the most exciting era in the most exciting sector – made up of several very complex subsets – in the world, where the next move in the M&A domino game will be totally detached from the mainstream/trade headlines.
And where subtle equilibrium-damaging forces in the supply chain, as we knew it, are at play.
Rewind 
You may recall our previous “Foaming liquid lunch – ‘MSC …

The post Market Insight: Pre-Christmas (M&A) supper with MSC,...

https://theloadstar.com/market-insight-pre-christmas-ma-supper-with-msc-maersk-bollore/

MSC makes surprise €5.7bn bid for the jewel in Bolloré’s African crown

MSC’s surprise last-minute €5.7bn bid to acquire Bolloré Africa Logistics from under the noses of its ocean carrier rivals represents a change of direction for the Aponte family business.
Hitherto, MSC has relied on organic growth to rise to the top of the container line rankings, and has shied away from large-scale involvement in logistics in its role as the self-appointed liner ‘darling’ of the freight forwarding sector.
It is thought, however, …

The post MSC makes surprise €5.7bn bid for the...

https://theloadstar.com/msc-makes-surprise-e5-7bn-bid-for-the-jewel-in-bollores-african-crown/

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