Home Media News Put option from CMA CGM to acquire 100% of Bolloré Logistics

Put option from CMA CGM to acquire 100% of Bolloré Logistics

Puteaux. 08 May 2023

The Bolloré Group received earlier today a put option from the CMA CGM Group to acquire its transport and logistics activities.

By joining the complementary strengths of Bolloré Logistics and CEVA Logistics within the CMA CGM Group, Bolloré Logistics will be ideally placed to offer its clients even more efficient and competitive integrated transport and contract logistics solutions.

If the Bolloré Group exercises this put option, following the customary procedures with the employee representative bodies, the sale will then be subject to the approval of the relevant authorities and could be completed in the course of the first half of 2024.

The continuity of the operations and abiding by its commitments remain a priority for Bolloré Logistics.