Søren Toft and MSC enter the logistics battle with a bid for African business

The world’s second-largest container line MSC is signaling a market change of strategy by offering USD 6.4 billion for French Bolloré Group’s logistics business. With this move, MSC is seeking to expand within logistics in line with its competitors CMA CGM and Maersk.
Photo: MSC - PR
Photo: MSC - PR

Swiss-Italian MSC, with the former Maersk executive Søren Toft as its CEO, is now throwing itself into the ring with its rivals for the container market by acquiring logistics activities.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
Must contain at least 6 characters
Must contain at least 2 characters
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Share article

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now

Further reading