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Completion of conditions precedent relating to sale of Bolloré Africa Logistics

Completion of conditions precedent relating to sale of Bolloré Africa Logistics

Following the signing announced on March 31, 2022 of the agreement relating to the sale to the MSC Group of Bolloré Africa Logistics, comprising all o

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Following the signing announced on March 31, 2022 of the agreement relating to the sale to the MSC Group of Bolloré Africa Logistics, comprising all of the Bolloré Group’s transport and logistics activities in Africa, on the basis of an enterprise value, net of minority interests, of 5.7 billion euros, the Bolloré Group announces today that the regulatory and competition approvals that conditioned the completion of the sale have been obtained.

Completion of the sale may occur in the coming weeks, it being recalled that, in accordance with the agreements entered into with the MSC Group, the sale should occur by the end of the first quarter of 2023 at the latest.

Bolloré Transport & Logistics

Bolloré Transport & Logistics is a major international transport and logistics operator. Their 35,000 employees spread across 109 countries on five continents express their expertise through four businesses that today work in synergy. Specialising in multimodal transport, the group is active in 4 businesses: Bolloré Ports, Bolloré Logistics, Bolloré Energy and Bolloré Railways. Bolloré Transport & Logistics pursues its international development with the ambition of becoming: one of world’s top five logistics companies by 2025.