CMA CGM completes €4.85 billion acquisition of Bollore Logistics

This is CMA CGM’s largest acquisition since its creation in 1978, and constitutes a major step in the CMA CGM Group’s logistics development strategy, complementing its historical maritime transport line of business.

Within the CMA CGM Group, we are proud to welcome a French flagship built on years of work and experience. The new entity, made up of CEVA and Bolloré Logistics, is the world's number five in its sector. We will now be able to offer our customers a complete range of services and extend our expertise to new businesses: Rodolphe Saadé, CMA CGM Group

This is the beginning of a new chapter for Bolloré Logistics’ employees. I am very pleased that they are joining the CMA CGM Group and the Saadé family. They will bring unique expertise and know-how, which have long made the pride of the Group and which will be the pride of CMA CGM tomorrow: Cyrille Bolloré, Bolloré Group

Bolloré Logistics reported a turnover of €7.1 billion in 2022, transported 710,000 TEUs of ocean freight and 390,000 tonnes of air freight along with a storage capacity of 900,000 sq.mt.

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