Geodis management changes confirmed
A double appointment was disclosed yesterday at Geodis, with company veteran Eric Martin-Neuville taking over ...
TSLA: FEEL THE PAIN IN CHINAWMT: GUESS WHATXPO: SURGINGAMZN: LOOKING FORWARDCHRW: PAYOUT UNCHANGEDWTC: NEW HIGH MAERSK: 'AFLOAT IN A SEA OF RISK' F: TARIFF TRAFFIC WARNINGHON: GAUGE THE UPSIDEXPO: STELLAR EARNINGS DELIVERYMAERSK: DEMAND DISRUPTION RISKMAERSK: FOCUS ON MARGIN IN LOGISTICS AND SERVICESMAERSK: GROWTH UNDERPERFORMANCE IN OCEAN MAERSK: WHY IS GEMINI SUCH A GOOD IDEA MAERSK: INTEGRATOR STRATEGY MAERSK: EIGHT YEARS AFTER THE LAUNCH OF THE INTEGRATOR STRATEGYMAERSK: FOCUS ON DEALS MAERSK: QUESTION TIME WITH FOCUS ON MSC AND DEALS
TSLA: FEEL THE PAIN IN CHINAWMT: GUESS WHATXPO: SURGINGAMZN: LOOKING FORWARDCHRW: PAYOUT UNCHANGEDWTC: NEW HIGH MAERSK: 'AFLOAT IN A SEA OF RISK' F: TARIFF TRAFFIC WARNINGHON: GAUGE THE UPSIDEXPO: STELLAR EARNINGS DELIVERYMAERSK: DEMAND DISRUPTION RISKMAERSK: FOCUS ON MARGIN IN LOGISTICS AND SERVICESMAERSK: GROWTH UNDERPERFORMANCE IN OCEAN MAERSK: WHY IS GEMINI SUCH A GOOD IDEA MAERSK: INTEGRATOR STRATEGY MAERSK: EIGHT YEARS AFTER THE LAUNCH OF THE INTEGRATOR STRATEGYMAERSK: FOCUS ON DEALS MAERSK: QUESTION TIME WITH FOCUS ON MSC AND DEALS
PRESS RELEASE
29 April 2020
Bolloré Logistics, ranking among the world’s top 10 in transport and logistics, has taken a significant leap forward in the Nordics with the acquisition of a majority stake in the Swedish company Global Freight Solutions AB and its Finnish affiliate. This now extends the present Bolloré Logistics network to 600 offices in 109 countries with 25,000 employees. This acquisition reinforces the company’s presence in Europe, especially in the Nordic markets. It was a strategic target to complement the regional network having previously established a structure in Norway which was subsequently joined by a similar investment in Denmark.
To read the full release, please click here.
– Here is more about the target.
– Financials were not disclosed. However, a back-of-the-envelope calculation based on the total number of employees of the target suggests the deal is likely worth only a few million euros, under a best case.
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