News / MSC and CMA CGM: rival parents, but offspring 'strategic partners' in Africa

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MSC’s Є5.7bn purchase last year of Bolloré Africa Logistics – since re-named Africa Global Logistics (AGL) – saw the the world’s biggest ocean shipping line acquire over 250 logistics and maritime agencies, 22 port and rail concessions, 66 dry ports and two river terminals across the African continent.

But what is far less well-known is that the buy also gives AGL a foothold in the air and ocean freight forwarding segment, ironically, through close co-operation with Bolloré Logistics, acquired by CMA ...