News / Ambitious BBL Group makes first acquisition with Portugal’s Lusocargo Group

French forwarding and logistics operator BBL Group has completed its first international acquisition with the purchase of Portugal’s Lusocargo Group.

The acquisition follows October’s investment in BBL Group’s parent company, BBL Invest, by French firm Geneo Capital Entrepreneur.

At the time of the €15m investment, BBL Invest founder and chairman Kaci Kébaili said: “This is a significant fundraising campaign for our group, which will see its capital structure strengthened and will be able to resume its ambitious external growth strategy.

“Priority is now ...