Developer docs
API playgroundTry for free, no card

Search company profiles

Bollore Logistics

Full company profile

uuid003443e

Namestring
Bollore Logistics
Legal namestring
Bollore Logistics
Company typeenum
Private
Founded yearint
1980
Descriptiontext

Bollore Logistics was a French-headquartered, privately held global logistics provider founded in 1980 and operating from Puteaux, France. The company delivered end-to-end supply chain solutions across air freight, ocean freight, road and rail transport, contract logistics, project logistics, and finished vehicle logistics, serving customers in automotive, consumer and retail, e-commerce, energy, healthcare, industrial and aerospace, technology, and luxury sectors. Its differentiation rested on a network spanning more than 170 countries with particularly deep coverage in Africa and other emerging markets that few Western-tier 1 3PLs matched.

In February 2024, CMA CGM acquired Bollore Logistics for approximately $5.2-5.5 billion and integrated the operations into CEVA Logistics, which CMA CGM also owns. The combined entity operates with approximately 110,000 employees and reported $18.7 billion in 2023-2024 freight forwarding revenue, ranking fourth globally. Supporting the services are digital platforms — myCEVA for quoting and booking, CEVA Matrix for supply chain visibility, Eco Calculator for carbon emissions tracking, and Track & Trace for shipment monitoring — alongside specialized offerings including customs brokerage, fiscal representation, FORPLANET low-carbon transport, and event logistics. Revenue mechanics are not publicly disclosed but follow standard 3PL models: freight forwarding margins on transport, contract logistics on warehousing and value-added services, and project logistics on complex multi-modal engagements.

Post-acquisition, the entity has faced integration challenges, with North America operations restructured in July 2025 under a dedicated coordinator to address dysfunction reported by employees. Strategic emphasis has shifted toward post-merger integration rather than continued expansion, while selective offensive moves continue, including a new automated distribution center on the China-Central Asia-Caucasus-Europe corridor, a lithium-ion battery maritime transport service, and an expanded Ferrari premium partnership.

Short descriptiontext

Bollore Logistics was a French global logistics provider offering air, ocean, road/rail, contract, project, and finished vehicle logistics across 170+ countries, with strong Africa depth. Acquired by CMA CGM in February 2024 for $5.2-5.5 billion and integrated into CEVA Logistics.

Operating statusenum
Acquired
Ownership categoryenum
Headcount rangeband
5,001–10,000
akta.pro rankint
HeadquartersPuteaux, France
HQ citystring
Puteaux
HQ countrystring
France
HQ regionstring
Europe
Markets served

Serves global market

Keyword5 values
freight forwarding services, contract logistics solutions, supply chain management, multimodal transportation, finished vehicle logistics
Industry1 code
1E-commerce Fulfillment & Omnichannel Logistics (Pick/Pack/Returns)
CodeTLAIAAADPrimaryYes
NAICS code1 code
  • Warehousing and Storage493
SIC code2 codes
  • Arrangement Of Transportation Of Freight & Cargo4731
  • Trucking & Courier Services (No Air)4210
Product category
Logistics Services
Cost components5 values
Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Bollore Logistics was a global third-party logistics provider offering end-to-end supply chain solutions across air, sea, road, and rail freight, contract logistics, project logistics, and finished vehicle logistics. Following its February 2024 acquisition by CMA CGM, the business was integrated into CEVA Logistics, serving automotive, healthcare, energy, luxury, retail, e-commerce, technology, and industrial clients across 170+ countries.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

CEVA Logistics, which acquired Bolloré Logistics in 2024 for approximately $5.2 billion, operates a comprehensive logistics platform offering air freight, ocean freight, ground and rail freight, contract logistics, project logistics, and finished vehicle logistics as core services. The portfolio includes Lead Logistics (CLL) for end-to-end supply chain orchestration, customs services, and FORPLANET sustainability solutions with low carbon transport options. Digital platforms including myCEVA (quotation, booking and shipment management), CEVA Matrix (supply chain visibility), Eco Calculator (carbon tracking), and Track & Trace support the service offerings. Additional specialized services include event logistics, lithium-ion battery maritime transport, fiscal representation, and value-added services. The combined entity serves automotive, consumer and retail, e-commerce, energy, healthcare, industrial and aerospace, technology, and luxury and beauty sectors across 170+ countries with approximately 110,000 employees.

Product and service14 records
1Air Freight Solutions
CategoryAir Freight
Description

International air cargo transportation services for time-sensitive shipments, providing global coverage across the network.

2Ocean Freight Solutions
CategoryOcean Freight
Description

Maritime freight services including full container load (FCL) and less than container load (LCL) solutions for global ocean transportation.

3Ground and Rail Freight
CategoryGround and Rail Transport
Description

Road and rail freight services providing overland transport solutions across Europe, Asia, and intercontinental corridors.

4Contract Logistics
CategoryContract Logistics
Description

Warehousing, distribution, and supply chain management solutions including value-added services for stored and distributed goods.

5Project Logistics
CategoryProject Logistics
Description

Specialized heavy-lift and complex project logistics including multimodal transport for industrial modules, turbines, reactors, and oversized cargo.

6Finished Vehicle Logistics
CategoryFinished Vehicle Logistics
Description

End-to-end logistics services for automobiles and finished vehicles including transport, storage, and quality inspection.

7CEVA Lead Logistics (CLL)
CategoryLead Logistics Provider
Description

Lead logistics provider services offering end-to-end supply chain orchestration and visibility across multiple transport modes and providers.

8Customs Services
CategoryCustoms Brokerage
Description

Customs brokerage and compliance services to facilitate international trade and ensure regulatory adherence across borders.

9FORPLANET Low Carbon Transport Solutions
CategorySustainable Logistics
Description

Sustainability-focused logistics solutions including low carbon transport options and carbon emission reduction services for environmentally responsible supply chains.

10Event Logistics
CategoryEvent Logistics
Description

Specialized logistics services for events including exhibition materials, stage equipment, and venue setup logistics.

11Added Value Services
CategoryValue-Added Logistics
Description

Customized value-added logistics services including packaging, labeling, assembly, and other specialized handling requirements.

12Fiscal Representation
CategoryTrade Compliance
Description

Tax and fiscal representation services for international trade compliance in various jurisdictions.

13myCEVA Digital Platform
CategoryDigital Platform
Description

Digital freight platform enabling clients to manage quotes, bookings, shipments, and freight tracking worldwide through a single online portal.

14CEVA Matrix
CategoryDigital Platform
Description

Supply chain visibility and control platform providing real-time tracking and analytics for freight shipments.

Scale indicator3 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Following CMA CGM's acquisition of Bollore Logistics, Ceva Logistics (also owned by CMA CGM) undertook the integration of Bollore Logistics operations. The integration process presented challenges including operational restructuring in North America and addressing 'dysfunctional' elements as described by employees. Yves Laforgue was appointed to oversee the integration.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

DSV is a global transport and logistics company offering air, sea, road, and contract logistics services. Following its acquisition of DB Schenker, DSV is one of the largest global forwarders and competes directly with the combined CEVA/Bollore entity for enterprise freight forwarding and contract logistics business.

TypeDirect peer
Description

Global #1 freight forwarder and contract logistics operator with a full multi-modal service portfolio (air, ocean, road, warehousing). Competes head-to-head with Bollore/CEVA on large enterprise RFPs, customs, and integrated supply chain mandates.

TypeDirect peer
Description

One of the world's largest freight forwarders and contract logistics providers, with a comparable multi-modal portfolio spanning air, sea, road, and contract logistics, and a strong specialty in integrated supply chain solutions for similar enterprise customers.

TypeDirect peer
Description

Expeditors is a global asset-light freight forwarder offering air and ocean freight forwarding plus customs services. Comparable to Bollore's forwarding business in service model (asset-light, network-led) and customer base (enterprise shippers across multiple industries).

TypeRegional player
Description

Sinotrans is a major China-based freight forwarder and contract logistics provider with a global network. Comparable to Bollore on the freight forwarding and contract logistics service mix, but primarily China-rooted and serving different home-market dynamics.

TypeBroad incumbent
Description

Maersk's Logistics & Services division is part of the global #1 container shipping line and offers integrated end-to-end supply chain management, customs, and contract logistics. Competes with the integrated CEVA/Bollore+CMA CGM entity on end-to-end container-logistics bundles for large shippers.

TypeDirect peer
Description

CEVA Logistics is the direct acquirer and integrating party for Bollore Logistics. Both are global multi-modal 3PLs offering air, ocean, ground, contract logistics, and project logistics, and they now operate as a combined entity with 110,000+ employees across 170+ countries.

TypeDirect peer
Description

GEFCO is a global automotive and industrial logistics provider with strong finished vehicle logistics and contract logistics capabilities. Directly comparable to Bollore's Finished Vehicle Logistics and automotive industry focus within contract logistics.

TypeBroad incumbent
Description

XPO is a North American and European freight transportation and contract logistics provider offering less-than-truckload, truck brokerage, and warehousing. Comparable to parts of Bollore's ground transport and contract logistics portfolio, particularly in Europe and North America.

TypeDirect peer
Description

DB Schenker is a major European-headquartered global logistics provider with land transport, air/ocean freight, and contract logistics. Direct overlap with Bollore's multi-modal service mix and European enterprise customer base; now owned by DSV.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment1 record

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile4 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles4 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries2 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Bollore Logistics

Logistics Servicesbollore-logistics.com

Bollore Logistics was a French global logistics provider offering air, ocean, road/rail, contract, project, and finished vehicle logistics across 170+ countries, with strong Africa depth. Acquired by CMA CGM in February 2024 for $5.2-5.5 billion and integrated into CEVA Logistics.

What Bollore Logistics does

Bollore Logistics was a French-headquartered, privately held global logistics provider founded in 1980 and operating from Puteaux, France. The company delivered end-to-end supply chain solutions across air freight, ocean freight, road and rail transport, contract logistics, project logistics, and finished vehicle logistics, serving customers in automotive, consumer and retail, e-commerce, energy, healthcare, industrial and aerospace, technology, and luxury sectors. Its differentiation rested on a network spanning more than 170 countries with particularly deep coverage in Africa and other emerging markets that few Western-tier 1 3PLs matched.

In February 2024, CMA CGM acquired Bollore Logistics for approximately $5.2-5.5 billion and integrated the operations into CEVA Logistics, which CMA CGM also owns. The combined entity operates with approximately 110,000 employees and reported $18.7 billion in 2023-2024 freight forwarding revenue, ranking fourth globally. Supporting the services are digital platforms — myCEVA for quoting and booking, CEVA Matrix for supply chain visibility, Eco Calculator for carbon emissions tracking, and Track & Trace for shipment monitoring — alongside specialized offerings including customs brokerage, fiscal representation, FORPLANET low-carbon transport, and event logistics. Revenue mechanics are not publicly disclosed but follow standard 3PL models: freight forwarding margins on transport, contract logistics on warehousing and value-added services, and project logistics on complex multi-modal engagements.

Post-acquisition, the entity has faced integration challenges, with North America operations restructured in July 2025 under a dedicated coordinator to address dysfunction reported by employees. Strategic emphasis has shifted toward post-merger integration rather than continued expansion, while selective offensive moves continue, including a new automated distribution center on the China-Central Asia-Caucasus-Europe corridor, a lithium-ion battery maritime transport service, and an expanded Ferrari premium partnership.

Bollore Logistics firmographics

Firmographics
Name
Bollore Logistics
Legal name
Bollore Logistics
Website
https://bollore-logistics.com
Company type
Private
Founded year
1980
Operating status
Acquired
Headcount range
5,001–10,000 employees
Short description
Bollore Logistics was a French global logistics provider offering air, ocean, road/rail, contract, project, and finished vehicle logistics across 170+ countries, with strong Africa depth. Acquired by CMA CGM in February 2024 for $5.2-5.5 billion and integrated into CEVA Logistics.
Ownership category
akta.pro rank

Bollore Logistics industry classification

Industry
Product category
Logistics Services
NAICS
Warehousing and Storage (493)
SIC
Arrangement Of Transportation Of Freight & Cargo (4731), Trucking & Courier Services (No Air) (4210)
akta.pro primary industry
E-commerce Fulfillment & Omnichannel Logistics (Pick/Pack/Returns) (TLAIAAAD)

Keywords

  • Freight forwarding services
  • Contract logistics solutions
  • Supply chain management
  • Multimodal transportation
  • Finished vehicle logistics

Where Bollore Logistics is headquartered

Location

Headquarters

HQ city
Puteaux
HQ country
France
HQ region
Europe

Markets served

Bollore Logistics business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Bollore Logistics product offering

Product offering

Core offering

Bollore Logistics was a global third-party logistics provider offering end-to-end supply chain solutions across air, sea, road, and rail freight, contract logistics, project logistics, and finished vehicle logistics. Following its February 2024 acquisition by CMA CGM, the business was integrated into CEVA Logistics, serving automotive, healthcare, energy, luxury, retail, e-commerce, technology, and industrial clients across 170+ countries.

Product overview

CEVA Logistics, which acquired Bolloré Logistics in 2024 for approximately $5.2 billion, operates a comprehensive logistics platform offering air freight, ocean freight, ground and rail freight, contract logistics, project logistics, and finished vehicle logistics as core services. The portfolio includes Lead Logistics (CLL) for end-to-end supply chain orchestration, customs services, and FORPLANET sustainability solutions with low carbon transport options. Digital platforms including myCEVA (quotation, booking and shipment management), CEVA Matrix (supply chain visibility), Eco Calculator (carbon tracking), and Track & Trace support the service offerings. Additional specialized services include event logistics, lithium-ion battery maritime transport, fiscal representation, and value-added services. The combined entity serves automotive, consumer and retail, e-commerce, energy, healthcare, industrial and aerospace, technology, and luxury and beauty sectors across 170+ countries with approximately 110,000 employees.

Differentiator

Problem solved

Functional benefit

Products and services

  • Air Freight Solutions International air cargo transportation services for time-sensitive shipments, providing global coverage across the network.
  • Ocean Freight Solutions Maritime freight services including full container load (FCL) and less than container load (LCL) solutions for global ocean transportation.
  • Ground and Rail Freight Road and rail freight services providing overland transport solutions across Europe, Asia, and intercontinental corridors.
  • Contract Logistics Warehousing, distribution, and supply chain management solutions including value-added services for stored and distributed goods.
  • Project Logistics Specialized heavy-lift and complex project logistics including multimodal transport for industrial modules, turbines, reactors, and oversized cargo.
  • Finished Vehicle Logistics End-to-end logistics services for automobiles and finished vehicles including transport, storage, and quality inspection.
  • CEVA Lead Logistics (CLL) Lead logistics provider services offering end-to-end supply chain orchestration and visibility across multiple transport modes and providers.
  • Customs Services Customs brokerage and compliance services to facilitate international trade and ensure regulatory adherence across borders.
  • FORPLANET Low Carbon Transport Solutions Sustainability-focused logistics solutions including low carbon transport options and carbon emission reduction services for environmentally responsible supply chains.
  • Event Logistics Specialized logistics services for events including exhibition materials, stage equipment, and venue setup logistics.
  • Added Value Services Customized value-added logistics services including packaging, labeling, assembly, and other specialized handling requirements.
  • Fiscal Representation Tax and fiscal representation services for international trade compliance in various jurisdictions.
  • myCEVA Digital Platform Digital freight platform enabling clients to manage quotes, bookings, shipments, and freight tracking worldwide through a single online portal.
  • CEVA Matrix Supply chain visibility and control platform providing real-time tracking and analytics for freight shipments.

Companies that use Bollore Logistics

Customer profile

Segments1 record

Ideal customer profiles4 records

Bollore Logistics technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Bollore Logistics partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • Ceva LogisticscoreStrategic or Co-development PartnerFollowing CMA CGM's acquisition of Bollore Logistics, Ceva Logistics (also owned by CMA CGM) undertook the integration of Bollore Logistics operations. The integration process presented challenges including operational restructuring in North America and addressing 'dysfunctional' elements as described by employees. Yves Laforgue was appointed to oversee the integration.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Bollore Logistics competitors and assessment

Company assessment

Direct peers

  • DSV A/S: DSV is a global transport and logistics company offering air, sea, road, and contract logistics services. Following its acquisition of DB Schenker, DSV is one of the largest global forwarders and competes directly with the combined CEVA/Bollore entity for enterprise freight forwarding and contract logistics business.
  • DHL Global Forwarding / DHL Supply Chain: Global #1 freight forwarder and contract logistics operator with a full multi-modal service portfolio (air, ocean, road, warehousing). Competes head-to-head with Bollore/CEVA on large enterprise RFPs, customs, and integrated supply chain mandates.
  • Kuehne+Nagel: One of the world's largest freight forwarders and contract logistics providers, with a comparable multi-modal portfolio spanning air, sea, road, and contract logistics, and a strong specialty in integrated supply chain solutions for similar enterprise customers.
  • Expeditors International: Expeditors is a global asset-light freight forwarder offering air and ocean freight forwarding plus customs services. Comparable to Bollore's forwarding business in service model (asset-light, network-led) and customer base (enterprise shippers across multiple industries).
  • CEVA Logistics: CEVA Logistics is the direct acquirer and integrating party for Bollore Logistics. Both are global multi-modal 3PLs offering air, ocean, ground, contract logistics, and project logistics, and they now operate as a combined entity with 110,000+ employees across 170+ countries.
  • GEFCO: GEFCO is a global automotive and industrial logistics provider with strong finished vehicle logistics and contract logistics capabilities. Directly comparable to Bollore's Finished Vehicle Logistics and automotive industry focus within contract logistics.
  • DB Schenker: DB Schenker is a major European-headquartered global logistics provider with land transport, air/ocean freight, and contract logistics. Direct overlap with Bollore's multi-modal service mix and European enterprise customer base; now owned by DSV.

Regional players

  • Sinotrans Limited: Sinotrans is a major China-based freight forwarder and contract logistics provider with a global network. Comparable to Bollore on the freight forwarding and contract logistics service mix, but primarily China-rooted and serving different home-market dynamics.

Broad incumbents

  • Maersk Logistics & Services: Maersk's Logistics & Services division is part of the global #1 container shipping line and offers integrated end-to-end supply chain management, customs, and contract logistics. Competes with the integrated CEVA/Bollore+CMA CGM entity on end-to-end container-logistics bundles for large shippers.
  • XPO Logistics: XPO is a North American and European freight transportation and contract logistics provider offering less-than-truckload, truck brokerage, and warehousing. Comparable to parts of Bollore's ground transport and contract logistics portfolio, particularly in Europe and North America.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Bollore Logistics social profiles

Digital presence

Bollore Logistics financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Bollore Logistics leadership team

Management profile

Number of profiles

Profiles4 records

Bollore Logistics subsidiaries and ownership

Company hierarchy

Subsidiaries2 records

Bollore Logistics funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Bollore Logistics M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bollore Logistics

What does Bollore Logistics do?

Bollore Logistics was a global third-party logistics provider offering end-to-end supply chain solutions across air, sea, road, and rail freight, contract logistics, project logistics, and finished vehicle logistics. Following its February 2024 acquisition by CMA CGM, the business was integrated into CEVA Logistics, serving automotive, healthcare, energy, luxury, retail, e-commerce, technology, and industrial clients across 170+ countries.

Is Bollore Logistics a public or private company?

Bollore Logistics is a private company. It is classified as corporate owned and is currently acquired.

When was Bollore Logistics founded?

Bollore Logistics was founded in 1980. It employs 5,001 to 10,000 people.

Where is Bollore Logistics based?

Bollore Logistics is headquartered in Puteaux, France, in the Europe region.

Who are Bollore Logistics's main competitors?

Direct peers on record are DSV A/S, DHL Global Forwarding / DHL Supply Chain, Kuehne+Nagel, Expeditors International, CEVA Logistics, GEFCO and DB Schenker. Sinotrans Limited is listed as a regional player. Broad incumbents are Maersk Logistics & Services and XPO Logistics.

Does Bollore Logistics have an API?

No public API is recorded for Bollore Logistics.

What industry is Bollore Logistics in?

Bollore Logistics's product category is Logistics Services. Its primary akta.pro industry code is TLAIAAAD, E-commerce Fulfillment & Omnichannel Logistics (Pick/Pack/Returns). Its NAICS code is 493 and its SIC code is 4731.

Unlock the full company data

50 free credits on sign-up, no credit card required.

Contact sales
Live signals
FloxLogistics M&A and the 3PL Sector in the UKThe UK logistics and third-party logistics (3PL) sector is experiencing significant consolidation through mergers and acquisitions, such as GXO's purchase of Wincanton and CMA CGM's acquisition of Bollore Logistics. Meanwhile, insolvency rates among smaller transport companies remain high due to rising operational costs, regulatory pressures, and competitive disadvantages. Platforms like FLOX aim to support both large consolidators and small operators by improving market connectivity and operational efficiency.openPR.comFreight Forwarding Market 2025-2032: Growth Overview, Facts & Figures, Segmentation, Future Trends, and Historical Analysis | Agility Logistics, Bollor LogisticsThe article reports on a detailed research analysis of the global freight forwarding market from 2025 to 2032, highlighting key trends, growth drivers, major industry developments, and competitive landscape. It features leading market players, segmentation, regional outlook, and research methodology.Container NewsEstée Lauder opens distribution center in Singapore in collaboration with Bolloré LogisticsIn early 2024, Estée Lauder Companies Asia-Pacific (ELC APAC) inaugurated its regional distribution center in collaboration with Bolloré Logistics at the Blue Hub facility in western Singapore. The 9,000 square meter facility, which became fully operational in November 2023 after migration commenced in September, provides comprehensive logistics services for 12 of ELC's brands including air and sea transport, warehousing, and value-added services. The center's sustainable design aligns with ELC's Climate Transition Plan and has received certifications including Green Mark Platinum and LEED Gold.GlobeNewswireBollore: THE BOLLORÉ GROUP AND THE CMA CGM GROUP ANNOUNCE THE SUCCESSFUL SALE OF BOLLORÉ LOGISTICS TO CMA CGMCMA CGM completed the acquisition of Bolloré Logistics for €4.85 billion, with Bolloré Logistics Sweden subject to Swedish foreign investment clearance. Bolloré Logistics reported 2022 turnover of €7.1 billion and transported 710,000 TEUs of ocean freight. The deal is CMA CGM's largest acquisition since 1978.WorldCargo NewsBolloré Logistics successfully sold to CMA CGM ‣ WorldCargo NewsThe Bolloré Group and the CMA CGM Group have announced the completion of the sale of 100% of Bolloré Logistics to CMA CGM for a purchase price of 4.850 billion euros. This transaction represents CMA CGM’s largest acquisition since its founding in 1978 and serves as a major strategic step in its logistics development. The deal creates the world's number 5 player in the sector by combining CEVA and Bolloré Logistics under the CMA CGM umbrella.Global Trade MagazineBolloré Logistics USA Expands Operations with Eco-Friendly Distribution Center in Ontario, CABolloré Logistics USA inaugurated a new 111,000 square foot LEED-certified distribution center in Ontario, California, to serve the luxury and beauty industries. The facility is strategically located near major ports and airports to enhance B2B and B2C customer experiences while reducing carbon footprint. This expansion supports the company's strategy to grow its contract logistics activities in the Western United States.GlobeNewswireBOLLORÉ : SIGNING OF THE SHARE PURCHASE AGREEMENT FOR THEThe Bolloré Group has signed a share purchase agreement to sell 100% of its subsidiary, Bolloré Logistics, to the CMA CGM Group for a preliminary price of €4.65 billion. The final completion of this transaction is pending regulatory clearances from antitrust and foreign investment authorities in relevant jurisdictions.The LoadstarBolloré signs up, but 'more shippers must join us' in sailing ship initiativeBolloré Logistics has joined the Association of Low Carbon Maritime Transport (LCMT), a French initiative aiming to deploy wind-powered cargo ships to halve CO2 emissions compared to conventional shipping. The group selected Zéphyr & Borée to operate transatlantic routes, but warns that additional international shipper commitments are essential by the end of 2022 to finance the construction of the fleet and meet the 2024 deployment target.Logistics ManagerBolloré Logistics & Antrak Australia Embark on Renewable Energy JourneyBolloré Logistics and Antrak Australia installed rooftop solar panels at their Perth office and warehouse, with the system generating over 63 MWh annually and covering 92% of the building's power needs. The project avoids 53 tons of CO2 emissions and supports Bolloré's target of cutting 43% of scope 1 and 2 emissions by 2027.