MSC, Mærsk & CMA CGM – where rivalry doesn't matter (and where it does)
Behind closed doors
Alkan2011
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78253858
© Alkan2011
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Dreamstime.com
By Jack Riddick
In recent years, airy whispers of a transport and logistics (T&L) gold rush in Africa have solidified into spending to fuel inorganic growth.
Rumours aside, it is worth mulling over the consequences of what has already been witnessed in Indonesia: ’resource nationalism’ and its associated risk.
Background
The major asset-based M&A move was MSC’s multi-billion takeover of Bolloré Africa Logistics, disclosed in late 2021. From land to sea, that was followed by Hapag-Lloyd’s purchase of the container liner business of Germany’s Deutsche Afrika-Linien last ...
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