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Bolloré Africa Logistics

Full company profile

uuid003dx7b

Namestring
Bolloré Africa Logistics
Legal namestring
Bolloré SE
Websiteurl
bollore.com
Company typeenum
Public
Founded yearint
1822
Descriptiontext

Bolloré Africa Logistics was the African port operations and logistics arm of French conglomerate Bolloré Group, with a physical footprint spanning 42 ports and 16 container terminal concessions across the continent. The business originated from the 1991 merger of Delmas-Vieljeux with SCAC forming SDV (SCAC-Delmas Vieljeux), was expanded materially via the 1999 acquisitions of African network AMI and British shipping line OTAL with its African land network, and operated end-to-end shipping, terminal handling, and inland logistics services for international shipping lines, freight forwarders, and African cargo owners. Revenue mechanics combined long-duration government-granted terminal concessions, transaction-based handling fees, and integrated logistics services across multi-port routes, with customer reach anchored by decade-plus concession contracts and dense inter-port connectivity.

In March 2022 the Bolloré Group signed a contract to sell Bolloré Africa Logistics to MSC Group, with the transaction completed in December 2022 after regulatory approvals. As a result, Bolloré Africa Logistics is no longer part of the Bolloré portfolio; the asset is now consolidated under MSC. The divestiture — alongside the 2024 sale of residual Bolloré Logistics to CMA CGM — completed the parent group's full exit from transport and logistics, leaving Bolloré SE focused on oil logistics (Bolloré Energy), communications equity stakes (UMG, Canal+, Havas, Louis Hachette Group, Vivendi), and industry (Blue Solutions, Bluebus, Bolloré Innovative Thin Films, IER/Automatic Systems/Bluesystems). Any forward-looking strategic trajectory for Bolloré Africa Logistics now sits with MSC rather than with the Bolloré Group.

Short descriptiontext

Bolloré Africa Logistics operated 42 ports and 16 container terminal concessions across Africa, providing shipping, terminal handling, and inland logistics services to international shipping lines and cargo owners as part of the Bolloré Group. The entity was divested to MSC Group in December 2022.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
5,001–10,000
akta.pro rankint
HeadquartersCape Town, South Africa
HQ citystring
Cape Town
HQ countrystring
South Africa
HQ regionstring
Africa
Markets served

Serves global market

Offices5 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
port logistics services, container terminal operations, freight forwarding Africa, supply chain management, shipping line services
NAICS code2 codes
  • Petroleum Bulk Stations and Terminals424710
  • Other Commercial Equipment Merchant Wholesalers42344
SIC code2 codes
  • Wholesale-Petroleum Bulk Stations & Terminals5171
  • Wholesale-Professional & Commercial Equipment & Supplies5040
Product category
Logistics Services
Social media profiles1 record
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model4 records
1Oil Logistics (Bolloré Energy)
TypeTransaction Fee
Description

Oil logistics and petroleum product distribution in France, Switzerland and Germany. Includes storage, distribution of domestic fuel oil, diesel, non-road diesel, biofuels. Operates 64 service stations including 54 in Germany under Calpam brand.

bollore.com
2Communication Holdings
TypeLicensing Royalties
Description

Revenue through shareholdings in media and communication companies: Universal Music Group (18.4%), Canal+ (30.4%), Louis Hachette Group (30.4%), Havas (30.4%), Vivendi (29.3%). These are consolidated through Vivendi which manages a portfolio of listed and unlisted assets in content, media and entertainment industries.

bollore.com
3Industry Division
TypeHardware Sales
Description

Industry segment includes Films (polypropylene films for capacitors and packaging), Blue (LMP batteries, Bluebus electric buses), and Systems (IER, Automatic Systems, EASIER, Track & Trace, Indestat, Polyconseil, Bluesystems). Manufacturing and sale of industrial products and solutions.

bollore.com
4Financial Portfolio
TypeLicensing Royalties
Description

Shareholdings portfolio valued at €10.6 billion at end of 2025, including stakes in listed companies generating returns through dividends and capital appreciation.

bollore.com
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels6 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components4 values
Operations, Personnel, Infrastructure, Supply Chain
GTM typeB2B
B2B
Offering typeServices
Services
Brand1 of 8 records shown
1Bolphane
Description

Extended and innovative range of multi-purpose or functional packaging for industry and consumer goods markets

bollore.com
+7 more records
Core offering1 text field

Bolloré Africa Logistics provided integrated logistics services across the African continent, operating container terminals, port concessions, freight forwarding, and inland transport. The unit was present in 42 ports and held 16 container terminal concessions, serving shipping lines, cargo owners, and importers/exporters active on African trade lanes. It was sold to MSC in December 2022 as part of Bolloré Group's strategic refocusing.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 6 values shown
  • €2.9 billion revenue in 2025
+5 more records
Product overview1 text field

The Bolloré Group is a diversified French conglomerate operating across three main business segments: Oil Logistics (through Bolloré Energy), Communications (through equity stakes in major media companies), and Industry (through battery technology, electric buses, thin films, and smart city solutions). The group's product portfolio includes industrial units (Blue Solutions with solid-state LMP batteries, Bluebus electric buses, Bolloré Innovative Thin Films for packaging), smart city technology platforms (Bluesystems Smart City Platform, IER access control systems, Track & Trace solutions), and holds significant equity stakes in Universal Music Group (18.4%), Canal+ (30.4%), Havas (30.4%), Louis Hachette Group (30.4%), and Vivendi (29.3%). The group manages a portfolio of listed shareholdings worth €10.6 billion as of end 2025.

Product and service1 record
1Container Terminal Operations
Scale indicator18 records

Each record includes

Type, Value, Description, Source

Partnership8 partners
Strategic tierMajorTypeStrategic or Co-development PartnerAnnounced on2024-02-29
Description

Bolloré Logistics was sold to CMA CGM in 2024. The transaction completed successfully after regulatory approvals, marking a major strategic shift for Bolloré's logistics operations.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2023-11-01
Description

Partnership with Neste, the world leader in renewable fuel production, for distribution of HVO100 Neste MY Renewable Diesel in France starting 2024. This supports Bolloré Energy's transition to low-carbon fuels.

Strategic tierMajorTypeStrategic or Co-development PartnerAnnounced on2022-12-21
Description

Bolloré Africa Logistics was sold to MSC in 2022. The transaction was completed after obtaining necessary regulatory approvals. This represented a major divestment of Bolloré's African logistics operations.

Strategic tierMajorTypeStrategic or Co-development PartnerAnnounced on2018-07-02
Description

Global partnership between Bolloré Group and Alibaba announced in July 2018 for mutual strategic cooperation.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2017-06-03
Description

Joint venture for development and commercialization of Bluecar electric vehicles. Pininfarina provided vehicle design expertise while Bolloré provided LMP battery technology.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2015-06-17
Description

Strategic partnership for development and commercialization of electric vehicles including E-Mehari model. Combined Bolloré's LMP battery technology with PSA's automotive manufacturing capabilities.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2013-09-12
Description

Partnership in electric vehicle development, leveraging Bolloré's battery technology for vehicle applications.

Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2008-02-25
Description

Joint venture for development of Microbus electric vehicles as part of the Group's clean public transport solutions.

Recent move8 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight1 record

Each record includes

Type, Description

Peers10 records
1BYD
TypeBroad incumbent
Description

Chinese EV and battery manufacturer with broad product line including electric buses, passenger vehicles and energy storage. Larger incumbent competing with Bluebus in e-buses and with Blue Solutions' parent ecosystem at the broader battery level.

TypeDirect peer
Description

China-based global leader in electric and conventional buses, with large-scale international deployments. Direct peer to Bolloré's Bluebus in the electric public transit bus category.

TypeDirect peer
Description

French container transportation and logistics group that completed acquisition of Bolloré Logistics in February 2024. Operates similar container terminal and logistics assets and represents the direct continuation of the Group's legacy logistics business.

TypeDirect peer
Description

US-listed developer of solid-state lithium-metal batteries targeting automotive applications. Comparable to Blue Solutions as a direct solid-state battery peer; both pursue commercialization of solid electrolytes for EV cells.

TypeBroad incumbent
Description

Japanese advanced materials conglomerate with a leading position in polypropylene and capacitor films. Comparable to Bolloré Innovative Thin Films in the capacitor and packaging film manufacturing category, though at significantly larger scale.

TypeEmerging player
Description

Taiwanese solid-state battery pioneer scaling gigafactory capacity in Europe. Competing directly with Blue Solutions for solid-state battery market entry in EVs.

TypeDirect peer
Description

Swedish global leader in access control solutions, automatic doors and entrance automation operating in 70+ countries. Direct overlap with Bolloré's Automatic Systems and IER brands in security gates, barriers, and ticketing solutions.

TypeDirect peer
Description

Marseille-based global container shipping and terminal operator that acquired Bolloré Africa Logistics in December 2022. Direct successor in African port operations and the most direct peer to the divested entity named on this record.

TypeDirect peer
Description

US-listed solid-state battery developer with sulfide-based electrolyte technology and automotive OEM partnerships. Direct competitor to Blue Solutions' LMP technology in the industrializing solid-state battery segment.

TypeBroad incumbent
Description

French-headquartered integrated energy major with a European retail and petroleum product distribution franchise. Comparable to Bolloré Energy as a broader oil logistics and fuel distribution incumbent across overlapping geographies.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers7 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment5 records

Each record includes

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

Ideal customer profile2 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

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Subsidiaries9 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 →

Bolloré Africa Logistics

Logistics Servicesbollore.com

Bolloré Africa Logistics operated 42 ports and 16 container terminal concessions across Africa, providing shipping, terminal handling, and inland logistics services to international shipping lines and cargo owners as part of the Bolloré Group. The entity was divested to MSC Group in December 2022.

What Bolloré Africa Logistics does

Bolloré Africa Logistics was the African port operations and logistics arm of French conglomerate Bolloré Group, with a physical footprint spanning 42 ports and 16 container terminal concessions across the continent. The business originated from the 1991 merger of Delmas-Vieljeux with SCAC forming SDV (SCAC-Delmas Vieljeux), was expanded materially via the 1999 acquisitions of African network AMI and British shipping line OTAL with its African land network, and operated end-to-end shipping, terminal handling, and inland logistics services for international shipping lines, freight forwarders, and African cargo owners. Revenue mechanics combined long-duration government-granted terminal concessions, transaction-based handling fees, and integrated logistics services across multi-port routes, with customer reach anchored by decade-plus concession contracts and dense inter-port connectivity.

In March 2022 the Bolloré Group signed a contract to sell Bolloré Africa Logistics to MSC Group, with the transaction completed in December 2022 after regulatory approvals. As a result, Bolloré Africa Logistics is no longer part of the Bolloré portfolio; the asset is now consolidated under MSC. The divestiture — alongside the 2024 sale of residual Bolloré Logistics to CMA CGM — completed the parent group's full exit from transport and logistics, leaving Bolloré SE focused on oil logistics (Bolloré Energy), communications equity stakes (UMG, Canal+, Havas, Louis Hachette Group, Vivendi), and industry (Blue Solutions, Bluebus, Bolloré Innovative Thin Films, IER/Automatic Systems/Bluesystems). Any forward-looking strategic trajectory for Bolloré Africa Logistics now sits with MSC rather than with the Bolloré Group.

Bolloré Africa Logistics firmographics

Firmographics
Name
Bolloré Africa Logistics
Legal name
Bolloré SE
Website
https://bollore.com
Company type
Public
Founded year
1822
Operating status
Operating
Headcount range
5,001–10,000 employees
Short description
Bolloré Africa Logistics operated 42 ports and 16 container terminal concessions across Africa, providing shipping, terminal handling, and inland logistics services to international shipping lines and cargo owners as part of the Bolloré Group. The entity was divested to MSC Group in December 2022.
Ownership category
akta.pro rank

Where Bolloré Africa Logistics is headquartered

Location

Headquarters

HQ city
Cape Town
HQ country
South Africa
HQ region
Africa

Offices5 records

Markets served

Bolloré Africa Logistics business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Operations, Personnel, Infrastructure, Supply Chain

Revenue model

  1. Oil Logistics (Bolloré Energy): Oil logistics and petroleum product distribution in France, Switzerland and Germany. Includes storage, distribution of domestic fuel oil, diesel, non-road diesel, biofuels. Operates 64 service stations including 54 in Germany under Calpam brand.
  2. Communication Holdings: Revenue through shareholdings in media and communication companies: Universal Music Group (18.4%), Canal+ (30.4%), Louis Hachette Group (30.4%), Havas (30.4%), Vivendi (29.3%). These are consolidated through Vivendi which manages a portfolio of listed and unlisted assets in content, media and entertainment industries.
  3. Industry Division: Industry segment includes Films (polypropylene films for capacitors and packaging), Blue (LMP batteries, Bluebus electric buses), and Systems (IER, Automatic Systems, EASIER, Track & Trace, Indestat, Polyconseil, Bluesystems). Manufacturing and sale of industrial products and solutions.
  4. Financial Portfolio: Shareholdings portfolio valued at €10.6 billion at end of 2025, including stakes in listed companies generating returns through dividends and capital appreciation.

Go-to-market motion2 records

Distribution channels6 records

Marketing channels5 records

Bolloré Africa Logistics product offering

Product offering

Core offering

Bolloré Africa Logistics provided integrated logistics services across the African continent, operating container terminals, port concessions, freight forwarding, and inland transport. The unit was present in 42 ports and held 16 container terminal concessions, serving shipping lines, cargo owners, and importers/exporters active on African trade lanes. It was sold to MSC in December 2022 as part of Bolloré Group's strategic refocusing.

Product overview

The Bolloré Group is a diversified French conglomerate operating across three main business segments: Oil Logistics (through Bolloré Energy), Communications (through equity stakes in major media companies), and Industry (through battery technology, electric buses, thin films, and smart city solutions). The group's product portfolio includes industrial units (Blue Solutions with solid-state LMP batteries, Bluebus electric buses, Bolloré Innovative Thin Films for packaging), smart city technology platforms (Bluesystems Smart City Platform, IER access control systems, Track & Trace solutions), and holds significant equity stakes in Universal Music Group (18.4%), Canal+ (30.4%), Havas (30.4%), Louis Hachette Group (30.4%), and Vivendi (29.3%). The group manages a portfolio of listed shareholdings worth €10.6 billion as of end 2025.

Differentiator

Problem solved

Functional benefit

Brands

  • Bolphane: Extended and innovative range of multi-purpose or functional packaging for industry and consumer goods markets
  • Bolfresh
  • Calpam
  • Koolza 100
  • Izipure
  • Calorza
  • LMP (Lithium Métal Polymère)
  • Smart City Platform

Products and services

  • Container Terminal Operations

Quantifiable outcome

  • €2.9 billion revenue in 2025
  • +5 more outcomes

Companies that use Bolloré Africa Logistics

Customer profile

Named customers7 records

Segments5 records

Ideal customer profiles2 records

Bolloré Africa Logistics technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature3 records

Bolloré Africa Logistics partnerships and signals

Strategic signal

Partnerships

Eight partnerships are on record, tiered major, core and minor.

  • CMA CGMmajorStrategic or Co-development Partner · 29 February 2024Bolloré Logistics was sold to CMA CGM in 2024. The transaction completed successfully after regulatory approvals, marking a major strategic shift for Bolloré's logistics operations.
  • NestecoreStrategic or Co-development Partner · 1 November 2023Partnership with Neste, the world leader in renewable fuel production, for distribution of HVO100 Neste MY Renewable Diesel in France starting 2024. This supports Bolloré Energy's transition to low-carbon fuels.
  • MSC (Mediterranean Shipping Company)majorStrategic or Co-development Partner · 21 December 2022Bolloré Africa Logistics was sold to MSC in 2022. The transaction was completed after obtaining necessary regulatory approvals. This represented a major divestment of Bolloré's African logistics operations.
  • Alibaba GroupmajorStrategic or Co-development Partner · 2 July 2018Global partnership between Bolloré Group and Alibaba announced in July 2018 for mutual strategic cooperation.
  • PininfarinacoreStrategic or Co-development Partner · 3 June 2017Joint venture for development and commercialization of Bluecar electric vehicles. Pininfarina provided vehicle design expertise while Bolloré provided LMP battery technology.
  • PSA Peugeot CitroëncoreStrategic or Co-development Partner · 17 June 2015Strategic partnership for development and commercialization of electric vehicles including E-Mehari model. Combined Bolloré's LMP battery technology with PSA's automotive manufacturing capabilities.
  • RenaultcoreStrategic or Co-development Partner · 12 September 2013Partnership in electric vehicle development, leveraging Bolloré's battery technology for vehicle applications.
  • GruauminorStrategic or Co-development Partner · 25 February 2008Joint venture for development of Microbus electric vehicles as part of the Group's clean public transport solutions.

Scale indicators18 records

Recent moves8 records

Expansion highlights1 record

Bolloré Africa Logistics competitors and assessment

Company assessment

Broad incumbents

  • BYD: Chinese EV and battery manufacturer with broad product line including electric buses, passenger vehicles and energy storage. Larger incumbent competing with Bluebus in e-buses and with Blue Solutions' parent ecosystem at the broader battery level.
  • Toray Industries: Japanese advanced materials conglomerate with a leading position in polypropylene and capacitor films. Comparable to Bolloré Innovative Thin Films in the capacitor and packaging film manufacturing category, though at significantly larger scale.
  • TotalEnergies Marketing & Services: French-headquartered integrated energy major with a European retail and petroleum product distribution franchise. Comparable to Bolloré Energy as a broader oil logistics and fuel distribution incumbent across overlapping geographies.

Direct peers

  • Yutong Bus: China-based global leader in electric and conventional buses, with large-scale international deployments. Direct peer to Bolloré's Bluebus in the electric public transit bus category.
  • CMA CGM: French container transportation and logistics group that completed acquisition of Bolloré Logistics in February 2024. Operates similar container terminal and logistics assets and represents the direct continuation of the Group's legacy logistics business.
  • QuantumScape: US-listed developer of solid-state lithium-metal batteries targeting automotive applications. Comparable to Blue Solutions as a direct solid-state battery peer; both pursue commercialization of solid electrolytes for EV cells.
  • Assa Abloy: Swedish global leader in access control solutions, automatic doors and entrance automation operating in 70+ countries. Direct overlap with Bolloré's Automatic Systems and IER brands in security gates, barriers, and ticketing solutions.
  • MSC Mediterranean Shipping Company: Marseille-based global container shipping and terminal operator that acquired Bolloré Africa Logistics in December 2022. Direct successor in African port operations and the most direct peer to the divested entity named on this record.
  • Solid Power: US-listed solid-state battery developer with sulfide-based electrolyte technology and automotive OEM partnerships. Direct competitor to Blue Solutions' LMP technology in the industrializing solid-state battery segment.

Emerging players

  • ProLogium Technology: Taiwanese solid-state battery pioneer scaling gigafactory capacity in Europe. Competing directly with Blue Solutions for solid-state battery market entry in EVs.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Bolloré Africa Logistics social profiles

Digital presence

Bolloré Africa Logistics financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Bolloré Africa Logistics leadership team

Management profile

Number of profiles

Bolloré Africa Logistics subsidiaries and ownership

Company hierarchy

Subsidiaries9 records

Bolloré Africa Logistics funding detail

Funding detail

Funding overview

Funding rounds

Investors

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

Bolloré Africa 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 Bolloré Africa Logistics

What does Bolloré Africa Logistics do?

Bolloré Africa Logistics provided integrated logistics services across the African continent, operating container terminals, port concessions, freight forwarding, and inland transport. The unit was present in 42 ports and held 16 container terminal concessions, serving shipping lines, cargo owners, and importers/exporters active on African trade lanes. It was sold to MSC in December 2022 as part of Bolloré Group's strategic refocusing.

Is Bolloré Africa Logistics a public or private company?

Bolloré Africa Logistics is a public company. It is classified as corporate owned and is currently operating.

When was Bolloré Africa Logistics founded?

Bolloré Africa Logistics was founded in 1822. It employs 5,001 to 10,000 people.

Where is Bolloré Africa Logistics based?

Bolloré Africa Logistics is headquartered in Cape Town, South Africa, in the Africa region.

How does Bolloré Africa Logistics make money?

Four revenue lines are on record. Oil Logistics (Bolloré Energy) is the primary driver. The others are communication Holdings, industry Division and financial Portfolio.

Who are Bolloré Africa Logistics's main competitors?

Broad incumbents on record are BYD, Toray Industries and TotalEnergies Marketing & Services. Direct peers are Yutong Bus, CMA CGM, QuantumScape, Assa Abloy, MSC Mediterranean Shipping Company and Solid Power. ProLogium Technology is listed as an emerging player.

Does Bolloré Africa Logistics have an API?

No public API is recorded for Bolloré Africa Logistics.

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Live signals
PR NewswireMSC Group schließt Übernahme von Bolloré Africa Logistics abMSC Group has completed the acquisition of Bolloré Africa Logistics through its subsidiary SAS Shipping Agencies Services, with all required regulatory approvals obtained. The deal adds over 21,000 employees to MSC's workforce and will see Bolloré Africa Logistics operate as a standalone unit under a new brand to be introduced in 2023. MSC stated it intends to leverage the acquisition to improve continental connectivity and facilitate intra-African trade under the AfCFTA framework.PR NewswireMSC Group completa la adquisición de Bolloré Africa LogisticsMSC Group has completed the acquisition of Bolloré Africa Logistics, a transaction approved by all relevant regulatory authorities. The acquired entity will operate as an autonomous business under a new brand in 2023, adding over 21,000 employees to MSC's workforce while maintaining its existing leadership and partnerships.PR NewswireEl MSC Group completa la adquisición de Bolloré Africa LogisticsThe MSC Group, through its wholly-owned subsidiary SAS Shipping Agencies Services, has completed the acquisition of Bolloré Africa Logistics, with all required regulatory approvals obtained. The transaction brings over 21,000 new employees into the MSC family and will see Bolloré Africa Logistics operate as an autonomous entity under a new brand to be announced in 2023, with Philippe Labonne remaining as president. MSC stated it intends to enhance continental connectivity and support intra-African trade as the African Continental Free Trade Area (AfCFTA) is implemented.PR NewswireMSC Group conclui aquisição da Bolloré Africa LogisticsMSC Group confirmed on December 21, 2022, that its subsidiary SAS Shipping Agencies Services completed its acquisition of Bolloré Africa Logistics, having received approval from all relevant regulatory authorities. The deal adds over 21,000 employees to MSC and positions the company to operate Bolloré Africa Logistics as an autonomous entity under a new brand to be announced in 2023, with current president Philippe Labonne remaining in his role. MSC stated it intends to leverage the acquisition to strengthen connections between Africa and the rest of the world while supporting intra-African trade under the AfCFTA framework, backed by investments in shipping, shipyards, container terminals, and rail networks.PR NewswireMSC Group a finalisé l'acquisition de Bolloré Africa LogisticsMSC Group has completed the acquisition of Bolloré Africa Logistics through its wholly-owned subsidiary SAS Shipping Agencies Services, with all necessary regulatory approvals obtained. The transaction brings more than 21,000 new employees into the MSC family, and Bolloré Africa Logistics will operate as an autonomous entity under a new brand to be unveiled in 2023, with Philippe Labonne remaining as President. MSC has committed to supporting the African Continental Free Trade Area (ZLECA) through continued investment in shipping, ports, logistics, and rail networks across the continent.PR NewswireMSC Group completes acquisition of Bolloré Africa LogisticsMSC Group completed its acquisition of Bolloré Africa Logistics, approved by all regulatory authorities. The deal adds over 21,000 employees and will operate under a new brand in 2023. MSC aims to enhance African connectivity amid AfCFTA implementation.GlobeNewswireBolloré : Financial information for the first quarter ofBolloré reported Q1 2022 revenue of €5,698 million, up 28% at constant scope and exchange rates, with reported growth of 33%. The increase was driven by a 47% rise in transport and logistics, a 52% rise in oil logistics, and an 8% rise in communications. The company also announced a €5.7 billion sale of Bolloré Africa Logistics to MSC Group.GlobeNewswireBOLLORÉ : THE BOLLORÉ GROUP SIGNS AN AGREEMENT WITH THE MSC GROUP FOR THE SALE OF BOLLORÉ AFRICA LOGISTICSBolloré Group signed an agreement to sell 100% of Bolloré Africa Logistics to MSC Group for €5.7 billion. The sale is subject to regulatory approvals and is expected to be completed by the end of the first quarter of 2023.GlobeNewswireBOLLORÉ HAS RECEIVED AN OFFER FROM MSC FOR THE PURCHASE OFMSC Group offered €5.7 billion for 100% of Bolloré Africa Logistics, granting exclusivity until 31 March 2022. Completion requires regulatory and competition authority approvals, and Bolloré will report outcomes in due course.AutomotivelogisticsDedicated ro-ro terminal planned for Egypt’s Port SaidA consortium of Toyota Tsusho, NYK, and Bolloré Africa Logistics agreed with Egypt's Suez Canal Economic Zone authority to build a dedicated automotive terminal at East Port Said. The terminal will hold about 10,000 vehicles and berth two large car carriers, aiming to start operations by end of 2021.