MSC strikes €5.7 billion deal to acquire Bolloré Africa Logistics

Algeciras, Cadiz Spain; 20 January 2022: A MSC freighter is docked on harbor, Container ship at industrial port in import export business logistic and transportation of international

MSC Group has entered into a share purchase agreement with Bolloré SE for the 100 per cent acquisition of Bolloré Africa Logistics.

Under the agreement, MSC will take full control of Bolloré Group’s shipping, logistics and terminal operations in Africa, as well as its terminal operations in India, Haiti and Timor-Leste, based on an enterprise value of €5.7 billion ($6.4 billion).

The group previously made an offer for the transaction in December last year and has since gone through a positive consultation process with representatives of employees of the Bolloré Group.

Completion remains subject to the receipt of approvals, including from the relevant competition authorities.

Last year, MSC Thailand signed a partnership with Kale Logistics for digital delivery documentation across the supply chain.

As part of the agreement, Kale Logistics Solutions collaborated with TIFFA EDI Services to provide the CODEX Electronic Delivery Order (e-DO) service to MSC Thailand.

Daily Email Newsletter

Sign up to our daily email newsletter to receive the latest news from Port Technology International.

Supplier Directory

Find out how to get listed

Webinar Series

Find out how to attend

Latest Stories

Cookie Policy. This website uses cookies to ensure you get the best experience on our website.