Commercial Court of Paris approves Bolloré Transport & Logistics’ acquisition of some of Necotrans business
August 29, 2017: Bolloré Transport & Logistics acquires some of the business activities and assets in France and Africa of the Necotrans Group recently placed under judicial receivership.
This takeover plan will enable Bolloré Transport & Logistics to strengthen and develop its transport and logistics positions in France and Africa, and also to develop private-public port operation partnerships. All the acquired activities correspond to two high-priority objectives: facilitate access to the African continent for all Bolloré Transport & Logistics customers in France and worldwide, and consolidate and diversify the company's port operation activities on Africa's Atlantic coast.
Moreover, the project has won the support of Necotrans personnel representative bodies.
-In France, 71 employment contracts will be maintained unchanged and it is expected that about 30 other jobs could be saved - with the same seniority and wage levels - thanks to existing openings within Bolloré Transport & Logistics.
-In Africa, at least 260 jobs will be preserved in six African countries where the Group already operates: Senegal, Ivory Coast, Burkina Faso, Togo, Benin and Congo.
All Necotrans entities and employees involved in the Bolloré Transport & Logistics takeover will benefit from Bolloré's solid financial support.
This takeover by Bolloré is a guarantee for all Necotrans customers who will in future enjoy all the advantages of Bolloré Transport & Logistics human and technical expertise around the world, notably in freight purchasing, supply chain management and commercial representation.
The partial takeover approved by the Commercial Court of Paris is part of larger joint offer that aims to secure a very large part of Necotrans Group's business and assets, in consortium with 3 international groups with a proven track record in transport and logistics.
You may also like:-
India’s Chhatrapati Shivaji Maharaj International Airport (CSMIA) has witnessed movement of 72000 tonnes of general cargo in the April-August period.
The airline continues to gradually and safely restore its network, delivering on its health and safety promise as it responds to growth in passenger demand across the globe.
All of them are certified by the IATA CEIV Pharma or by the British MHRA, making them benchmark operations in the Swissport network.
The airline’s variety of fuel-efficient efficient aircraft and strategic network management has enabled it to quickly resume flights and expand services in line with passenger demand.
As Boeing's first chief sustainability officer, Raymond will be responsible for further advancing Boeing's approach to sustainability that is focused on environmental, social and governance priorities, stakeholder-oriented reporting and company performance.
Eastern Airlines has roped in Mike Duggan as director of International Cargo Business Development. Duggan will also be responsible to lead and support the carrier’s move into freighter operations.
Amid over 18 per cent and 19 per cent drop in the overall market tonnage and FTK (freight tonne-kilometres), respectively, the Group managed to hold on to 5 per cent and 10 per cent decrease.
The announcement on September 16 was welcomed by the country’s beleaguered airline sector, which has been lobbying for months for the reopening of international travel.
From a more efficient baggage-handling system that accommodates luggage of all sizes and shapes so skis don’t need to be dropped off at a special coun
The company has been well established for many years in both countries through network partnerships and decided to open its own offices in each location to offer customers a full spectrum of multi-modal services.
FAA approval officially enables reciprocal EASA (European Aviation Safety Agency) approval, which is anticipated in the very near future.
The global rollout of CargoWise across a. hartrodt operations in Asia, South and North America, Oceania and Europe, will be a staged process with completion by March 2023.
The hospital which included generators, tents, HEPA filters and medical equipment, can facilitate up to 200 people to receive potential lifesaving treatment.