BOLLORE ACQUIRES AMI FROM COMPAGNIE MARITIME BELGE

BOLLORE ACQUIRES AMI FROM COMPAGNIE MARITIME BELGE

BOLLORE ACQUIRES AMI FROM COMPAGNIE MARITIME BELGE

    Bollore, the French conglomerate that owns SDV, Delmas and SAGA, has acquired AMI, the African port agency and forwarding subsidiary of Compagnie Maritime Belge.
    The terms of the purchase were not disclosed.
    AMI employs about 3,000 people in 12 African countries and had sales of more than 1 billion French francs ($180 million) last year.
    The Bollore group, already one of the largest transport and forwarding operators in Africa, said that the acquisition will strenghten its port and inland activities throughout Africa.