The MSC Group, through its subsidiary SAS Shipping Agencies Services, has completed its acquisition of Bolloré Africa Logistics.
The transaction, worth 5.7 billion euros, has been approved by all the regulatory authorities involved.
MSC Group Chairman Diego Aponte said they were delighted to welcome over 21,000 new colleagues to the MSC family, adding that “the deal will strengthen longstanding ties with Africa and will reinforce our commitment to the continent’s economic growth, including investments in the ships, shipyards, container terminals, logistic solutions, storage facilities, and road and rail networks that will support and enhance trade between African nations and the rest of the world.”
Translation by Giles Foster
