Latest news from Heavy Lift & Project Forwarding International Magazine

Bolloré teams up with CLS in Ethiopia

Bolloré Transport & Logistics has signed a memorandum of understanding (MoU) with CLS Logistics that outlines plans to establish a joint venture in Ethiopia.

Bolloré and CLS will support Ethiopia’s textiles, coffee and infrastructure sectors. The companies will also provide supply chain services for industrial projects.

As part of the agreement, the joint venture plans to invest EUR15 million (USD16.95 million) in a modern logistics hub. The project involves the construction of a 12,000 sq m warehouse.

According to Bolloré, with its experience in port concessions and dry ports in other African countries, the company also intends to support Ethiopian authorities in the modernisation and development of its dry ports.

Bolloré said it will particularly focus on the port of Modjo in order to position it as one of the main logistics hubs in East Africa.

CLS Logistics has been Bolloré’s partner in Ethiopia for more than 11 years.

www.bollore-transport-logistics.com

www.clslogistics.com

Heavy Lift | News

Bishop takes AWRS thumbnail image

Bishop takes AWRS

July 18 - Bishop Lifting Products has completed the acquisition of American Wire Rope & Sling (AWRS), a leading provider of rigging, lifting and overhead crane solutions.
Views: 577
Buss Group in SSC takeover thumbnail image

Buss Group in SSC takeover

July 8 - Buss Group has acquired SSC Wind – a technical services provider to the wind energy sector.
Views: 1341
Mammoet in advanced acquisition talks with ALE thumbnail image

Mammoet in advanced acquisition talks with ALE

July 8 - Mammoet has confirmed that it is in advanced discussions with ALE regarding a purchase agreement, under which Mammoet will acquire the UK-headquartered heavy lift and specialist transport provider.
Views: 9043

Heavy Lift Across The World

Discover heavy lift and project logistics industry news from around the world by region.