[Photo: CMA CGM]
The CMA CGM Group enters into exclusive negotiations to acquire the logistics activities of the Bolloré Group
The CMA CGM Group announced that it has entered into exclusive negotiations to acquire the transportation and logistics activities held through Bolloré Logistics.
The negotiations are in line with the CMA CGM Group's long-term strategy, based on the two pillars of shipping and logistics. The Group’s strategy is to offer end-to-end solutions in support of its customer’s supply chain needs.
If a deal is reached, the acquisition would further strengthen the CMA CGM Group logistics activities.
The negotiations in no way guarantee an acquisition in the end.
Source:
CMA CGM
The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.
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