Commission clears acquisition of Bolloré Logistics by CMA CGM, subject to conditions

The European Commission has approved, under the EU Merger Regulation, the proposed acquisition of Bolloré Logistics SE (‘Bolloré Logistics’) by CMA CGM S.A. (‘CMA CGM’). The approval is conditional upon full compliance with the commitments offered by the parties.

CMA CGM and Bolloré Logistics are both international transport and logistics companies. CMA CGM provides container liner shipping and port terminal services while Bolloré Logistics offers freight forwarding and contract logistics services.

The Commission’s investigation

The Commission’s investigation showed that the merger, as initially notified, would have reduced competition ...