CMA CGM enters into exclusive negotiations to acquire the logistics activities of the Bolloré Group
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The CMA CGM Group has entered into exclusive negotiations to acquire the transportation and logistics activities held through Bolloré Logistics, according to the company's release.
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.
The CMA CGM Group, a global player in sea, land, air and logistics solutions, serves more than 420 ports around the world across 5 continents, with a fleet of 593 vessels. The Group transported 21.7 million TEU containers (twenty-foot equivalent units) in 2022.