The CMA CGM Group has entered into exclusive negotiations to acquire the transportation and logistics activities held through Bolloré Logistics for €5 billion ($5.5 billion) cash free/debt free enterprise value. "The negotiations are in line with the CMA CGM Group's long-term strategy, based on the two pillars of shipping and logistics," says an official release. "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 CMA CGM Group has entered into exclusive negotiations to acquire the transportation and logistics activities held through Bolloré Logistics for €5 billion ($5.5 billion) cash free/debt free enterprise value. "The negotiations are in line with the CMA CGM Group's long-term strategy, based on the two pillars of shipping and logistics," says an official release. "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."